Clene Inc. expected to post a loss of $1.32 a share - Earnings Preview

Reuters11-01

* Clene Inc. is expected to show a fall in quarterly revenue when it reports results on November 5 (estimated) for the period ending September 30 2024

* The Salt Lake City Utah-based company is expected to report a 16.7% decrease in revenue to $90 thousand from $108 thousand a year ago, according to the mean estimate from 6 analysts, based on LSEG data.

* ​LSEG's mean analyst estimate for Clene Inc. is for a loss of $1.32 per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for Clene Inc. is $30.50​, above​ its last closing price of $6.35. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jun. 30 2024 -1.49 -1.49 -1.06 Beat 28.9

Mar. 31 2024 -1.63 -1.60 -1.80 Missed -12.5

Jan. 1 0001 -1.60 -1.45 -1.20 Beat 17.2​

Sep. 30 2023 -2.04 -1.80 -0.40 Beat 77.8

​​Jun. -2.08 -2.46 -5.80 Missed -136

30 2023

Mar. 31 2023 -2.80 -2.90 -3.00 Missed -3.4​

Dec. 31 2022 -2.17 -2.49 -0.20 Beat 92

Sep. 30 2022 -4.26 -4.31 -3.40 Beat 21.2

This summary was machine generated November 1 at 14:12 GMT. 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)

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