PolyPid Ltd reports results for the quarter ended in December - Earnings Summary

Polypid

14/02/2024 15:57

* PolyPid Ltd  PYPD.OQ  reported a quarterly adjusted loss
of
$3.97​​ per share for the quarter ended in December, higher than
the same quarter last year, when the company reported EPS of
$-9.60.  The mean expectation of three analysts for the quarter
was for a loss of $3.58 per share. Wall Street expected
results to range from $-5.16 to $-2.17 per share.
    * Reported revenue was zero​; analysts expected zero. 
    * PolyPid Ltd's reported EPS for the quarter was a loss of
$3.97​.
    * The company reported a quarterly loss of $6.36 million.
    * PolyPid Ltd shares had risen by 78.6% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 4.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for PolyPid Ltd
is
$13.00 

This summary was machine generated from LSEG data February 14 at
03:56 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
 Dec. 31 2023      -3.58          -3.97          Missed
 Sep. 30 2023      -4.16          -3.40          Beat
 Jun. 30 2023      -9.18          -3.90          Beat
 Mar. 31 2023      -7.79          -8.40          Missed