Talphera Inc reports results for the quarter ended in January - Earnings Summary

Talphera

15/08/2024 05:08

* Talphera Inc  TLPH.OQ  reported a quarterly adjusted loss
of 15
cents​​ per share for the quarter ended in January, higher than
the same quarter last year, when the company reported EPS of -40
cents.  The mean expectation of three analysts for the quarter
was for a loss of 23 cents per share. Wall Street expected
results to range from -24 cents to -22 cents per share.
    * Reported revenue was zero​; analysts expected zero. 
    * Talphera Inc's reported EPS for the quarter was a loss
of 15
cents​.
    * The company reported a quarterly loss of $3.83 million.
    * Talphera Inc shares had risen by 2.2% this quarter and
gained 23.8% 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 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the
pharmaceuticals
peer group is also "buy"

Wall Street's median 12-month price target for Talphera Inc is
$4.25 
This summary was machine generated from LSEG data August 15 at
04:07 a.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 2024      -0.23          -0.15          Beat
 Mar. 31 2024      -0.22          -0.16          Beat
 Dec. 31 2023      -0.20          -0.25          Missed
 Sep. 30 2023      -0.28          -0.08          Beat