PolarityTE Inc reports results for the quarter ended in March - Earnings Summary

RegenETP,

16/05/2023 08:39

* PolarityTE Inc  PTE.OQ  reported a quarterly adjusted loss
of 58
cents​​ per share for the quarter ended in March. The lone
analyst forecast for the quarter was for a loss of 69 cents per
share.
    * Reported revenue was zero​; analysts expected zero. 
    * PolarityTE Inc's reported EPS for the quarter was a loss
of 58
cents​.
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * PolarityTE Inc shares had fallen by 21.9% this quarter and
lost 39.9% so far this year.
    * The company reported a quarterly loss of $4.24 million.
    * Wall Street's median 12-month price target for PolarityTE
Inc is
$0.80 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
16 at 07:39 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.69          -0.58          Beat
 Dec. 31 2022      -0.83          -0.06          Beat
 Sep. 30 2022      -1.21          -0.47          Beat
 Jun. 30 2022      -1.25          -1.30          Missed