ARS Pharmaceuticals Inc reports results for the quarter ended September 30 - Earnings Summary

Reuters11-13
ARS Pharmaceuticals Inc reports results for the quarter ended September 30 - Earnings Summary
  • ARS Pharmaceuticals Inc SPRY.OQ reported a quarterly adjusted loss of 20 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of -16 cents. The mean expectation of four analysts for the quarter was for a loss of 15 cents per share. Wall Street expected results to range from -19 cents to -6 cents per share.

  • Revenue was $2.07 million​; analysts expected $575.00 thousand.

  • ARS Pharmaceuticals Inc's reported EPS for the quarter was a loss of 20 cents​.

  • The company reported a quarterly loss of $19.13 million.

  • ARS Pharmaceuticals Inc shares had risen by 14.6% this quarter and gained 203.1% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had risen by about 16.5% 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 "strong buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

  • The average consensus recommendation for the biotechnology & medical research peer group is also "strong buy"

Wall Street's median 12-month price target for ARS Pharmaceuticals Inc is $25.00

This summary was machine generated from LSEG data November 13 at 02:17 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

-0.15

-0.20

Missed

Jun. 30 2024

-0.12

-0.13

Missed

Mar. 31 2024

-0.11

-0.11

Met

Dec. 31 2023

-0.14

-0.07

Beat

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