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

Reuters12-17

* Veru Inc reported a quarterly adjusted loss of 6 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -12 cents. The mean expectation of five analysts for the quarter was for a loss of 7 cents per share. Wall Street expected results to range from -8 cents to -7 cents per share.

* Revenue rose 72.4% to $6.66 million from a year ago; analysts expected $3.56 million.

* Veru Inc's reported EPS for the quarter was a loss of 6 cents​.

* The company reported a quarterly loss of $8.53 million.

* Veru Inc shares had fallen by 6.0% this quarter and gained 0.4% 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," 1 "hold" and no "sell" or "strong sell."

* The average consensus recommendation for the personal products peer group is also "buy"

Wall Street's median 12-month price target for Veru Inc is $3.00 This summary was machine generated from LSEG data December 16 at 10:34 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 -0.07 -0.06 Beat

Jun. 30 2024 -0.06 -0.07 Missed

Mar. 31 2024 -0.05 -0.07 Missed

Dec. 31 2023 -0.10 -0.08 Beat

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