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SPRB — Spruce Biosciences News Story

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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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