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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