Ovid Therapeutics Inc expected to post a loss of 21 cents a share - Earnings Preview

Ovid Therapeutics

04/08/2023 17:07

* Ovid Therapeutics Inc  OVID.OQ   OVID.O  is expected
to show a
rise in quarterly revenue when it reports  results on August 4. 
    * The New York City-based  company is expected to report  a
390.9% increase in revenue to $54 thousand from $11 thousand a
year ago, according to the mean estimate from 4 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Ovid Therapeutics
Inc is
for a loss of 21 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 6.8%
in the last three months. ​
    * Wall Street's median 12-month price target for Ovid
Therapeutics
Inc is $6​, above​ its last closing price of $3.32. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  -0.20       -0.20      -0.18     Beat    12
 Mar. 31 2023  -0.17       -0.17      -0.19     Missed  -10.9
 Dec. 31 2022  -0.17       -0.18      -0.16     Beat    12.2​
 Sep. 30 2022  -0.21       -0.21      -0.17     Beat    20.7
 ​​Jun.        -0.25       -0.25      -0.21     Beat    15.6
 30 2022                                                
 Mar. 31 2022  -0.20       -0.21      -0.23     Missed  -11​
 Dec. 31 2021  -0.15       -0.16      -0.10     Beat    38
 Sep. 30 2021  -0.18       -0.18      -0.17     Beat    7.5
 This summary was machine generated August 4 at 16:07 GMT.  All
figures in US dollars  unless otherwise stated