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

Ocugen

06/11/2024 14:15

* Ocugen Inc  OCGN.OQ   OCGN.O  is expected to show a rise
in
quarterly revenue when it reports  results on November 8 for the
period ending September 30 2024
    * The Malvern Pennsylvania-based  company is expected to
report
revenue of $300 thousand, 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
6.50​, above​ its last closing price of $0.95. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  -0.05       -0.05      -0.04     Beat    25
 Mar. 31 2024  -0.06       -0.06      -0.05     Beat    21
 Dec. 31 2023              -0.06      -0.03     Beat    53.8​
 Sep. 30 2023  -0.07       -0.07      -0.06     Beat    14.3
 ​​Jan.        -0.07       -0.07      -0.08     Missed  -9.1
 1 0001                                                 
 Mar. 31 2023  -0.11       -0.11      -0.07     Beat    35.2​
 Dec. 31 2022  -0.10       -0.10      -0.10     Met     -2
 Sep. 30 2022  -0.10       -0.10      -0.10     Met     -1.7
 This summary was machine generated November 6 at 14:14 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)