DURECT Corp DRRX.OQ DRRX.O is expected to show a rise in quarterly revenue when it reports results on November 13 for the period ending June 30 2024
The Cupertino California-based company is expected to report a 13.2% increase in revenue to $1.975 million from $1.74 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.
LSEG's mean analyst estimate for DURECT Corp is for a loss of 17 cents per share.
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 mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for DURECT Corp is $6.75, above its last closing price of $1.29.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Jun. 30 2024 | -0.16 | -0.17 | -0.12 | Beat | 29.4 |
Mar. 31 2024 | -0.22 | -0.22 | -0.25 | Missed | -13.6 |
Dec. 31 2023 | -0.33 | -0.10 | Beat | 69.9 | |
Jan. 1 0001 | -0.42 | -0.42 | -0.14 | Beat | 66.7 |
Jun. 30 2023 | -0.48 | -0.51 | -0.42 | Beat | 17.6 |
Mar. 31 2023 | -0.52 | -0.53 | -0.47 | Beat | 11.3 |
Dec. 31 2022 | -0.54 | -0.55 | -0.46 | Beat | 15.9 |
Sep. 30 2022 | -0.10 | -0.10 | -0.10 | Met | 0 |
This summary was machine generated November 12 at 03:47 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)
Comments