Mersana Therapeutics Inc expected to post a loss of 18 cents a share - Earnings Preview

Reuters11-01

* Mersana Therapeutics 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 Cambridge Massachusetts-based company is expected to report a 2.2% decrease in revenue to $7.53 million from $7.7 million a year ago, according to the mean estimate from 10 analysts, based on LSEG data.

* ​LSEG's mean analyst estimate for Mersana Therapeutics Inc is for a loss of 18 cents per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 2 "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 Mersana Therapeutics Inc is 7.00​, above​ its last closing price of $1.81. ​​​

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 -0.17 -0.17 -0.20 Missed -16.7

Mar. 31 2024 -0.18 -0.18 -0.16 Beat 11.6

Dec. 31 2023 -0.12 -0.16 -0.16 Met 2.6​

Sep. 30 2023 -0.35 -0.36 -0.27 Beat 25.4

​​Jun. -0.37 -0.44 -0.47 Missed -6.5

30 2023

Mar. 31 2023 -0.40 -0.44 -0.52 Missed -19.3​

Dec. 31 2022 -0.47 -0.50 -0.44 Beat 12.8

Sep. 30 2022 0.04 -0.09 -0.61 Missed -577.8

This summary was machine generated November 1 at 14:41 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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