Scynexis Inc Reports Results For The Quarter Ended In June: Earnings Summary

Scynexis

15/08/2023 24:07

* SCYNEXIS Inc  SCYX.OQ  reported quarterly adjusted
earnings of
$2.46​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for earnings of
$1.55 per share.
    * Revenue rose 9,836.1% to $131.45 million from a year ago;
analysts expected $95.45 million. 
    * SCYNEXIS Inc's reported EPS for the quarter was $2.46​.
    * The mean earnings estimate of analysts had risen by
about 7.2%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * SCYNEXIS Inc shares had risen by 1.4% this quarter and
gained 91.7% so far this year.
    * The company reported quarterly net income of $122.26
million.
    * Wall Street's median 12-month price target for SCYNEXIS
Inc is
$12.50 
    * 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
August 14 at 11:07 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      1.55           2.46           Beat
 Mar. 31 2023      -0.28          -0.71          Missed
 Dec. 31 2022      -0.44          -0.37          Beat
 Sep. 30 2022      -0.50          -0.62          Missed