Surrozen Inc reports results for the quarter ended in December - Earnings Summary

Surrozen

16/04/2024 22:03

* Surrozen Inc  SRZN.OQ  reported a quarterly adjusted loss
of
$4.41​​ per share for the quarter ended in December, lower than
the same quarter last year, when the company reported EPS of -45
cents.  The mean expectation of two analysts for the quarter was
for a loss of $3.00 per share. Wall Street expected results to
range from $-4.35 to $-1.65 per share.
    * Reported revenue was zero​; analysts expected zero. 
    * Surrozen Inc's reported EPS for the quarter was a loss of
$4.41​.
    * The company reported a quarterly loss of $8.91 million.
    * Surrozen Inc shares had fallen by 37.9% this quarter and
gained 3.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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," 1
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Surrozen
Inc is
$20.25 

This summary was machine generated from LSEG data April 16 at
09:02 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      -3.00          -4.41          Missed
 Sep. 30 2023      -4.42          -5.10          Missed
 Jun. 30 2023      -6.15          -4.65          Beat
 Mar. 31 2023      -5.55          -7.20          Missed