Trevena Inc reports results for the quarter ended in March - Earnings Summary

Trevena

15/05/2023 14:31

* Trevena Inc  TRVN.OQ  reported a quarterly adjusted loss
of 81
cents​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for a loss
of 98 cents per share.
    * Revenue fell 70% to $6.00 thousand from a year ago;
analysts
expected $233.33 thousand. 
    * Trevena Inc's reported EPS for the quarter was a loss
of 81
cents​.
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Trevena Inc shares had risen by 92.9% this quarter and
lost 5.6%
so far this year.
    * The company reported a quarterly loss of $7.82 million.
    * Wall Street's median 12-month price target for Trevena Inc
is
$9.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
15 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.98          -0.81          Beat
 Dec. 31 2022      -1.75          -0.73          Beat
 Sep. 30 2022      -2.12          -2.25          Missed
 Jun. 30 2022      -2.56          -2.25          Beat