SeaStar Medical Holding Corp reports results for the quarter ended in June - Earnings Summary

SeaStar Medical Holding

15/08/2024 13:41

* SeaStar Medical Holding Corp  ICU.OQ  reported a quarterly
adjusted loss of $1.03​​ per share for the quarter ended in
June, higher than the same quarter last year, when the company
reported EPS of $-7.00.  The lone analyst forecast for the
quarter was for a loss of $1.41 per share. 
    * Reported revenue was zero​; analysts expected $10.00
thousand. 
    * SeaStar Medical Holding Corp's reported EPS for the
quarter was
a loss of $1.03​.
    * The company reported a quarterly loss of $3.24 million.
    * SeaStar Medical Holding Corp shares had fallen by 34.0%
this
quarter and lost 54.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 59.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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." 
    * The average consensus recommendation for the medical
equipment,
supplies & distribution peer group is also "buy"

Wall Street's median 12-month price target for SeaStar Medical
Holding Corp is $18.00 
This summary was machine generated from LSEG data August 15 at
12:40 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      -1.41          -1.03          Beat
 Mar. 31 2024      -3.75          -4.75          Missed
 Dec. 31 2023      -3.25          -5.50          Missed
 Sep. 30 2023      -6.25          -9.00          Missed