Quoin Pharmaceuticals Ltd QNRX.OQ reported a quarterly adjusted loss of 47 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $-1.95. The mean expectation of four analysts for the quarter was for a loss of 49 cents per share. Wall Street expected results to range from -56 cents to -44 cents per share.
Reported revenue was zero; analysts expected zero.
Quoin Pharmaceuticals Ltd's reported EPS for the quarter was a loss of 47 cents.
The company reported a quarterly loss of $2.35 million.
Quoin Pharmaceuticals Ltd shares had risen by 47.4% this quarter and lost 85.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 8.1% 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 2 "strong buy" or "buy," 1 "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 Quoin Pharmaceuticals Ltd is $2.00
This summary was machine generated from LSEG data November 7 at 05:20 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 |
Sep. 30 2024 | -0.49 | -0.47 | Beat |
Jun. 30 2024 | -0.61 | -0.39 | Beat |
Mar. 31 2024 | -0.76 | -1.11 | Missed |
Dec. 31 2023 | -2.31 | -2.08 | Beat |
Comments