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Ocugen Inc expected to post a loss of 5 cents a share - Earnings Preview

Ocugen Inc OCGN.OQ OCGN.O is expected to show a fall in quarterly revenue when it reports  results on March 5 for the period ending December 31 2024

The Malvern Pennsylvania-based  company is expected to report a 95.0% decrease in revenue to $300 thousand from $6.04 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.

​LSEG's mean analyst estimate for Ocugen Inc is for a loss of 5 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts was unchanged in the last three months. ​

Wall Street's median 12-month price target for Ocugen Inc is $7.00​, above​ its last closing price of $0.65. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDINGSTARMINESMARTESTIMATE®LSEG IBES ESTIMATEACTUALBEAT, MET, MISSEDSURPRISE %
Sep. 30 2024-0.06-0.05-0.05Met6.2
Jun. 30 2024-0.05-0.05-0.04Beat25
Mar. 31 2024-0.06-0.06-0.05Beat21​
Dec. 31 2023-0.06-0.03Beat53.8
​​Sep. 30 2023-0.07-0.07-0.06Beat14.3
Jun. 30 2023-0.07-0.07-0.08Missed-9.1​
Mar. 31 2023-0.11-0.11-0.07Beat35.2
Dec. 31 2022-0.10-0.10-0.10Met-2
This summary was machine generated March 3 at 13:52 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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