Rezolute Inc reports results for the quarter ended in June - Earnings Summary

Rezolute

14/09/2023 22:02

* Rezolute Inc  RZLT.OQ  reported a quarterly adjusted loss
of 25
cents​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for a loss
of 36 cents per share.
    * Reported revenue was zero​; analysts expected zero. 
    * Rezolute Inc's reported EPS for the quarter was a loss
of 25
cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Rezolute Inc shares had fallen by 20.2% this quarter and
lost 23.7% so far this year.
    * The company reported a quarterly loss of $12.73 million.
    * Wall Street's median 12-month price target for Rezolute
Inc is
$8.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
September 14 at 09:02 p.m. UTC. ​All figures in US dollars
unless otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.36          -0.25          Beat
 Mar. 31 2023      -0.30          -0.30          Met
 Dec. 31 2022      -0.32          -0.26          Beat
 Sep. 30 2022      -0.38          -0.19          Beat