Hoth Therapeutics Inc reports results for the quarter ended September 30 - Earnings Summary

Reuters11-13
<a href="https://laohu8.com/S/HOTH">Hoth Therapeutics</a> Inc reports results for the quarter ended September 30 - Earnings Summary
  • Hoth Therapeutics Inc HOTH.OQ reported a quarterly adjusted loss of 31 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -60 cents. The mean expectation of three analysts for the quarter was for a loss of 34 cents per share. Wall Street expected results to range from -37 cents to -30 cents per share.

  • Reported revenue was zero​; analysts expected zero.

  • Hoth Therapeutics Inc's reported EPS for the quarter was a loss of 31 cents​.

  • The company reported a quarterly loss of $2.13 million.

  • Hoth Therapeutics Inc shares had risen by 2.2% this quarter and lost 37.6% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had risen by about 20.9% 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 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

  • The average consensus recommendation for the pharmaceuticals peer group is also "buy"

Wall Street's median 12-month price target for Hoth Therapeutics Inc is $4.00

This summary was machine generated from LSEG data November 13 at 02:24 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

-0.34

-0.31

Beat

Jun. 30 2024

-0.43

-0.24

Beat

Mar. 31 2024

-0.43

-0.46

Missed

Dec. 31 2023

-0.51

-0.32

Beat

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