Cardiff Oncology Inc reports results for the quarter ended in June - Earnings Summary

Reuters08-09

* Cardiff Oncology Inc reported a quarterly adjusted loss of 26 cents​​ per share for the quarter ended in June, lower than the same quarter last year, when the company reported EPS of -25 cents. The mean expectation of four analysts for the quarter was for a loss of 25 cents per share. Wall Street expected results to range from -26 cents to -24 cents per share.

* Revenue rose 50.9% to $163.00 thousand from a year ago; analysts expected $58.75 thousand.

* Cardiff Oncology Inc's reported EPS for the quarter was a loss of 26 cents​.

* The company reported a quarterly loss of $11.78 million.

* Cardiff Oncology Inc shares had fallen by 3.6% this quarter and gained 44.6% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts was unchanged 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 4 "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 Cardiff Oncology Inc is $10.50 This summary was machine generated from LSEG data August 8 at 10:13 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

Jun. 30 2024 -0.25 -0.26 Missed

Mar. 31 2024 -0.25 -0.22 Beat

Dec. 31 2023 -0.28 -0.21 Beat

Sep. 30 2023 -0.28 -0.22 Beat

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