Elutia Inc reports results for the quarter - Earnings Summary

• Elutia Inc ELUT.OQ reported a quarterly adjusted loss of 33 cents​​ per share for the quarter , higher than the same quarter last year, when the company reported EPS of -57 cents. The mean expectation of two analysts for the quarter was for a loss of 44 cents per share. Wall Street expected results to range from -59 cents to -29 cents per share.

• Revenue fell 3.3% to $5.92 million from a year ago; analysts expected $6.60 million.

• Elutia Inc's reported EPS for the quarter was a loss of 33 cents​.

• Elutia Inc shares had risen by 0.5% this quarter and gained 77.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged 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 2 "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 Elutia Inc is 10.00

This summary was machine generated from LSEG data November 15 at 02:03 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)