OncoCyte Corp OCX.OQ reported a quarterly adjusted loss of 98 cents per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of -81 cents. The mean expectation of three analysts for the quarter was for a loss of 44 cents per share. Wall Street expected results to range from -47 cents to -40 cents per share.
Revenue fell 73.2% to $115.00 thousand from a year ago; analysts expected $200.00 thousand.
OncoCyte Corp's reported EPS for the quarter was a loss of 98 cents.
The company reported a quarterly loss of $13.49 million.
OncoCyte Corp shares had risen by 5.3% this quarter and gained 20.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 22.7% 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 "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."
The average consensus recommendation for the biotechnology & medical research peer group is also "hold"
Wall Street's median 12-month price target for OncoCyte Corp is 4.13
This summary was machine generated from LSEG data November 13 at 02:15 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 | -0.44 | -0.98 | Missed |
Jun. 30 2024 | -0.56 | -0.36 | Beat |
Mar. 31 2024 | -0.67 | -1.13 | Missed |
Dec. 31 2023 | -1.14 | -2.12 | Missed |