GRI Bio Inc reports results for the quarter ended September 30 - Earnings Summary

Reuters11-15

* GRI Bio Inc reported a quarterly adjusted loss of 67 cents​​ per share for the quarter ended September 30. The lone analyst forecast for the quarter was for a loss of 73 cents per share.

* Reported revenue was zero​; analysts expected zero.

* GRI Bio Inc's reported EPS for the quarter was a loss of 67 cents​.

* The company reported a quarterly loss of $2.12 million.

* GRI Bio Inc shares had risen by 165.9% this quarter and lost 97.3% so far this year.

FORECAST CHANGES

* 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 1 "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 "buy"

Wall Street's median 12-month price target for GRI Bio Inc is 12.00 This summary was machine generated from LSEG data November 15 at 02:06 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 -0.73 -0.67 Beat

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