Veru Inc expected to post a loss of 6 cents a share - Earnings Preview

Veru

06/08/2024 19:33

* Veru Inc  VERU.OQ   VERU.O  is expected to show a rise in
quarterly revenue when it reports  results on August 8 for the
period ending June 30 2024
    * The Miami Florida-based  company is expected to report a
4.8% increase in revenue to $3.5 million from $3.34 million a
year ago, according to the mean estimate from 5 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Veru Inc is for a loss
of 6
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged 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 $0.83. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -0.05       -0.05      -0.07     Missed  -31.3
 Jan. 1 2024   -0.08       -0.10      -0.08     Beat    22.6
 Sep. 30 2023  -0.22       -0.23      -0.12     Beat    48.9​
 Jun. 30 2023  -0.19       -0.20      -0.13     Beat    36.6
 ​​Mar.        -0.33       -0.33      -0.48     Missed  -44.4
 31 2023                                                
 Dec. 31 2022  -0.38       -0.38      -0.46     Missed  -22.1​
 Sep. 30 2022  -0.30       -0.30      -0.51     Missed  -71.1
 Jan. 1 0001   -0.16       -0.16      -0.28     Missed  -70.7
 This summary was machine generated August 6 at 18:33 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)