Delcath Systems Inc reports results for the quarter ended September 30 - Earnings Summary

• Delcath Systems Inc DCTH.OQ reported quarterly adjusted earnings of 6 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $-1.14. The mean expectation of seven analysts for the quarter was for a loss of 20 cents per share. Wall Street expected results to range from -58 cents to -4 cents per share.

• Revenue rose 2,480.6% to $11.20 million from a year ago; analysts expected $10.46 million.

• Delcath Systems Inc's reported EPS for the quarter was 6 cents​.

• The company reported quarterly net income of $1.86 million.

• Delcath Systems Inc shares had risen by 21.2% this quarter and gained 163.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 9.8% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the medical equipment, supplies & distribution peer group is also "buy"

Wall Street's median 12-month price target for Delcath Systems Inc is 21.50

This summary was machine generated from LSEG data November 8 at 04:14 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)