Scynexis Inc Expected To Post Earnings Of 4 Cents A Share: Earnings Preview

Scynexis

09/08/2024 17:28

* SCYNEXIS Inc  SCYX.OQ   SCYX.O  is expected to show a rise
in
quarterly revenue when it reports  results  for the period
ending September 30 2024
    * The Jersey City New Jersey-based  company is expected to
report
a 594.4% increase in revenue to $12.229 million from $1.76
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for SCYNEXIS Inc is for
earnings
of 4 cents per share. 
    * 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."  
    * The mean earnings estimate of analysts had fallen by
about 24.7%
in the last three months. ​
    * Wall Street's median 12-month price target for SCYNEXIS
Inc is
$6.75​, above​ its last closing price of $1.91. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  -0.20       -0.20      -0.30     Missed  -48.5
 Mar. 31 2024  -0.19       -0.20      0.01      Beat    105.1
 Dec. 31 2023              -0.20      -0.39     Missed  -95​
 Sep. 30 2023  -0.17       -0.15      -0.04     Beat    72.6
 ​​Jun.        1.61        1.55       2.46      Beat    58.9
 30 2023                                                
 Mar. 31 2023  -0.28       -0.28      -0.71     Missed  -155.4
                                                        ​
 Dec. 31 2022  -0.42       -0.44      -0.37     Beat    15.9
 Sep. 30 2022  -0.49       -0.50      -0.62     Missed  -24.4
 This summary was machine generated August 9 at 16:28 GMT.  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)