Viracta Therapeutics Inc reports results for the quarter ended September 30 - Earnings Summary

Viracta Therapeutics

13/11/2024 14:17

* Viracta Therapeutics Inc  VIRX.OQ  reported a quarterly
adjusted
loss of 27 cents​​ per share for the quarter ended September 30,
higher than the same quarter last year, when the company
reported EPS of -33 cents.  The mean expectation of two analysts
for the quarter was for a loss of 24 cents per share. Wall
Street expected results to range from -28 cents to -21 cents per
share.
    * Reported revenue was zero​; analysts expected zero. 
    * Viracta Therapeutics Inc's reported EPS for the quarter
was a
loss of 27 cents​.
    * The company reported a quarterly loss of $10.55 million.
    * Viracta Therapeutics Inc shares had fallen by 23.6% this
quarter and lost 69.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 3.9%
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 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the biotechnology
&
medical research peer group is  "hold."

Wall Street's median 12-month price target for Viracta
Therapeutics Inc is 3.50 
This summary was machine generated from LSEG data November 13 at
02:16 p.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
 Sep. 30 2024      -0.24          -0.27          Missed
 Jun. 30 2024      -0.37          -0.25          Beat
 Mar. 31 2024      -0.35          -0.23          Beat
 Dec. 31 2023      -0.31          -0.35          Missed