PolarityTE Inc expected to post a loss of 8  cents a share - Earnings Preview

RegenETP,

13/05/2022 13:08

* PolarityTE Inc  PTE.OQ   PTE.O  is expected to show a fall
in
quarterly revenue when it reports  results on May 16. 
    * The Salt Lake City Utah-based  company is expected to
report  a
84.4% decrease in revenue to $733.33 thousand from $4.71 million
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 8 cents per share. For the same quarter last year, the
company reported a loss of 16 cents per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"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 PolarityTE
Inc is
$1.08​, above​ its last closing price of $0.15. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021              -0.09      -0.11     Missed  -17.9
 Sep. 30 2021  -0.10       -0.12      -0.01     Beat    91.4
 Jun. 30 2021  -0.09       -0.10      -0.04     Beat    58.6​
 Mar. 31 2021  -0.13       -0.12      -0.16     Missed  -37.1
 ​​Dec.        -0.23       -0.16      -0.26     Missed  -57.6
 31 2020                                                
 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
 This summary was machine generated May 13 at 12:08 GMT.  All
figures in US dollars  unless otherwise stated