Spruce Biosciences, Inc. reports results for the quarter ended June 30 - Earnings Summary
Spruce Biosciences, Inc. reports results for the quarter ended June 30 - Earnings Summary
Spruce Biosciences, Inc. SPRB.OQ reported a quarterly adjusted loss of $6.68 per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $-3.50. The mean expectation of eight analysts for the quarter was for a loss of $5.80 per share. Wall Street expected results to range from $-8.34 to $-4.05 per share.
Reported revenue was zero; analysts expected zero.
Spruce Biosciences, Inc.'s reported EPS for the quarter was a loss of $6.68.
The company reported a quarterly loss of $16.23 million.
Spruce Biosciences, Inc. shares had fallen by 14.1% this quarter and lost 46.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 28.5% 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 8 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
Wall Street's median 12-month price target for Spruce Biosciences, Inc. is $145.00, about 68% above its last closing price of $46.41
This summary was machine generated from LSEG data August 12 at 02:13 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 2026 | -5.80 | -6.68 | Missed |
Mar. 31 2026 | -8.82 | -8.94 | Missed |
Dec. 31 2025 | -7.99 | -11.28 | Missed |
Sep. 30 2025 | -13.93 | -14.58 | Missed |
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