Xeris Biopharma Holdings Inc reports results for the quarter ended in December - Earnings Summary

Reuters03-06

* Xeris Biopharma Holdings Inc reported a quarterly adjusted loss of 10 cents​​ per share for the quarter ended in December, identical to the same quarter last year. The mean expectation of five analysts for the quarter was for a loss of 10 cents per share. Wall Street expected results to range from -13 cents to -7 cents per share.

* Revenue rose 33.9% to $44.39 million from a year ago; analysts expected $43.55 million.

* Xeris Biopharma Holdings Inc's reported EPS for the quarter was a loss of 10 cents​.

* The company reported a quarterly loss of $13.39 million.

* Xeris Biopharma Holdings Inc shares had risen by 31.1% this quarter.

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 negative revisions of earnings estimates

RECOMMENDATIONS

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

* The average consensus recommendation for the biotechnology & medical research peer group is also "buy"

Wall Street's median 12-month price target for Xeris Biopharma Holdings Inc is $4.50 This summary was machine generated from LSEG data March 6 at 02:40 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

Dec. 31 2023 -0.10 -0.10 Met

Sep. 30 2023 -0.12 -0.09 Beat

Jun. 30 2023 -0.13 -0.14 Missed

Mar. 31 2023 -0.17 -0.12 Beat

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment