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

Veru

11/05/2023 14:31

* Veru Inc  VERU.OQ  reported a quarterly adjusted loss
of 43
cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for a loss
of 33 cents per share.
    * Revenue fell 49.4% to $6.59 million from a year ago;
analysts
expected $4.33 million. 
    * Veru Inc's reported EPS for the quarter was a loss of 48
cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.9%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Veru Inc shares had risen by 28.4% this quarter and
lost 71.8%
so far this year.
    * The company reported a quarterly loss of $38.79 million.
    * Wall Street's median 12-month price target for Veru Inc is
$7.50
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
11 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.33          -0.43          Missed
 Dec. 31 2022      -0.38          -0.46          Missed
 Sep. 30 2022      -0.30          -0.51          Missed
 Jun. 30 2022      -0.16          -0.28          Missed