Sunshine Biopharma Inc reports results for the quarter ended in June - Earnings Summary

Reuters08-19

* Sunshine Biopharma Inc reported a quarterly adjusted loss of $9.94​​ per share for the quarter ended in June. The lone analyst forecast for the quarter was for a loss of $7.40 per share.

* Revenue was $9.30 million​; analysts expected $9.00 million.

* Sunshine Biopharma Inc's reported EPS for the quarter was a loss of $9.94​.

* The company reported a quarterly loss of $494.3 thousand.

* Sunshine Biopharma Inc shares had fallen by 65.0% this quarter and lost 99.5% 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 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

* The average consensus recommendation for the pharmaceuticals peer group is also "buy"

Wall Street's median 12-month price target for Sunshine Biopharma Inc is $300.00 This summary was machine generated from LSEG data August 19 at 01:31 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 -7.40 -9.94 Missed

Mar. 31 2024 -20.80 -40.00 Missed

Dec. 31 2023 -60.00 -1.00 hundred Missed

Sep. 30 2023 -1.20 hundred -80.00 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