Veru Inc expected to post a loss of 5 cents a share - Earnings Preview

Veru

06/05/2024 18:20

* Veru Inc  VERU.OQ   VERU.O  is expected to show a fall in
quarterly revenue when it reports  results on May 8 for the
period ending March 31 2024
    * The Miami Florida-based  company is expected to report a
54.4% decrease in revenue to $3 million from $6.59 million a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Veru Inc is for a loss
of 5
cents per share. 
    * 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 mean earnings estimate of analysts had risen by
about 23.5%
in the last three months. ​
    * Wall Street's median 12-month price target for Veru Inc is
$3.00​, above​ its last closing price of $1.63. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   -0.08       -0.10      -0.08     Beat    22.6
 Sep. 30 0001              -0.23      -0.12     Beat    48.9
 Jun. 30 2023  -0.19       -0.20      -0.13     Beat    36.6​
 Mar. 31 2023  -0.33       -0.33      -0.48     Missed  -44.4
 ​​Dec.        -0.38       -0.38      -0.46     Missed  -22.1
 31 2022                                                
 Sep. 30 2022  -0.30       -0.30      -0.51     Missed  -71.1​
 Jun. 30 2022  -0.16       -0.16      -0.28     Missed  -70.7
 Jan. 1 0001   -0.13       -0.15      -0.18     Missed  -20
 This summary was machine generated May 6 at 17:20 GMT.  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)