MeiraGTx Holdings PLC reports results for the quarter ended September 30 - Earnings Summary

Reuters11-13
MeiraGTx Holdings <a href="https://laohu8.com/S/PLC">PLC</a> reports results for the quarter ended September 30 - Earnings Summary
  • MeiraGTx Holdings PLC MGTX.OQ reported a quarterly adjusted loss of 55 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -74 cents. The mean expectation of two analysts for the quarter was for a loss of 52 cents per share. Wall Street expected results to range from -58 cents to -47 cents per share.

  • Revenue rose 113.8% to $10.91 million from a year ago; analysts expected $1.63 million.

  • MeiraGTx Holdings PLC's reported EPS for the quarter was a loss of 55 cents​.

  • The company reported a quarterly loss of $39.33 million.

  • MeiraGTx Holdings PLC shares had risen by 59.7% this quarter and lost 5.1% 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 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 "buy"

Wall Street's median 12-month price target for MeiraGTx Holdings PLC is 20.00

This summary was machine generated from LSEG data November 13 at 02:14 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

-0.52

-0.55

Missed

Jun. 30 2024

-0.40

-0.76

Missed

Mar. 31 2024

-0.50

-0.32

Beat

Dec. 31 2023

-0.11

-0.42

Missed

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