PolarityTE Inc expected to post a loss of 12  cents a share - Earnings Preview

RegenETP,

11/05/2021 22:31

* PolarityTE Inc  PTE.OQ   PTE.O  is expected to show a rise in
quarterly revenue when it reports results on May 13 .
* The Salt Lake City, Utah-based company is expected to report 
 a 253.7% increase in revenue to $3.3 million from $933 thousand
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for PolarityTE Inc is for a
loss of 12 cents per share. For the same quarter last year, the
company reported a loss of 53 cents per share.
* 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." 
* The mean earnings estimate of analysts had risen by about 2.9%
in the last three months. ​
* Wall Street's median 12-month price target for PolarityTE Inc
is $3​, about 60% above​ its last closing price of $1.20. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020  -0.23       -0.16      -0.26     Missed  -57.6
 Sep. 30 2020  -0.20       -0.21      -0.18     Beat    12.6
 Jun. 30 2020  -0.35       -0.38      -0.33     Beat    12.4​
 Mar. 31 2020  -0.49       -0.52      -0.53     Missed  -2.5
 Dec.          -0.83​      -0.90      -0.76     Beat    15.3​
 31​ 2019​                                              
 Sep. 30 2019  -0.96       -1.00      -0.87     Beat    12.8​
 Jun. 30 2019  -1.04       -1.05      -0.92     Beat    12.4
 This summary was machine generated May 11 at 21:31 GMT.  All
figures in US dollars unless otherwise stated