Sellas Life Sciences Group Inc reports results for the quarter ended in December - Earnings Summary

Sellas Life Sciences

28/03/2024 21:46

* Sellas Life Sciences Group Inc  SLS.OQ  reported a
quarterly
adjusted loss of 25 cents​​ per share for the quarter ended in
December, higher than the same quarter last year, when the
company reported EPS of -43 cents.  The mean expectation of
four analysts for the quarter was for breakeven results per
share. Wall Street expected results to range from -27 cents
to 12 cents per share.
    * Reported revenue was zero​; analysts expected $13.00
million. 
    * Sellas Life Sciences Group Inc's reported EPS for the
quarter
was a loss of 25 cents​.
    * The company reported a quarterly loss of $8.14 million.
    * Sellas Life Sciences Group Inc shares had fallen by 2.8%
this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 103.2% 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 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the biotechnology
&
medical research peer group is also "buy"

Wall Street's median 12-month price target for Sellas Life
Sciences Group Inc is $7.50 
This summary was machine generated from LSEG data March 28 at
09:46 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
 Dec. 31 2023      0.00           -0.25          Missed
 Sep. 30 2023      0.03           -0.33          Missed
 Jun. 30 2023      -0.35          -0.31          Beat
 Mar. 31 2023      -0.29          -0.47          Missed