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

Surrozen

09/08/2023 22:40

* Surrozen Inc  SRZN.OQ  reported a quarterly adjusted loss
of 31
cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for a loss of 41
cents per share.
    * Reported revenue was zero​; analysts expected zero. 
    * Surrozen Inc's reported EPS for the quarter was a loss
of 31
cents​.
    * The mean earnings estimate of analysts had fallen by
about 8.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Surrozen Inc shares had risen by 52.9% this quarter and
gained 44.5% so far this year.
    * The company reported a quarterly loss of $9.39 million.
    * Wall Street's median 12-month price target for Surrozen
Inc is
$2.25 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 09:40 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.41          -0.31          Beat
 Mar. 31 2023      -0.37          -0.48          Missed
 Dec. 31 2022      -0.43          -0.03          Beat
 Sep. 30 2022      -0.43          -0.38          Beat