Palatin Technologies Inc reports results for the quarter ended March 31 - Earnings Summary

Palatin Technologies

28/09/2026 20:20

Palatin Technologies Inc PTN.OQ reported a quarterly adjusted loss of $1.11​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $-9.00.  The mean expectation of three analysts for the quarter was for a loss of $1.24 per share. Wall Street expected results to range from $-1.42 to -43 cents per share.
Revenue was $301.00 thousand​; analysts expected $1.28 million. 
Palatin Technologies Inc's reported EPS for the quarter was a loss of $1.11​.
The company reported a quarterly loss of $1.43 million.
Palatin Technologies Inc shares had fallen by 6.4% this quarter and lost 34.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts was unchanged in the last three months.​ 
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the biotechnology & medical research peer group is also "buy" 
Wall Street's median 12-month price target for Palatin Technologies Inc is $53.00, about 81% above its last closing price of $10.10
This summary was machine generated from LSEG data September 28 at 07:20 p.m. UTC. ​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)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Mar. 31 2026 
-1.20
-1.11
Beat
Dec. 31 2025 
-1.24
-0.37
Beat
Dec. 31 2025 
-2.86
 
-2.72