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

Reuters
12 Nov 2024
Milestone Pharmaceuticals Inc reports results for the quarter ended September 30 - Earnings Summary
  • Milestone Pharmaceuticals Inc MIST.OQ reported a quarterly adjusted loss of 14 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -35 cents. The mean expectation of four analysts for the quarter was for a loss of 16 cents per share. Wall Street expected results to range from -19 cents to -13 cents per share.

  • Reported revenue was zero​; analysts expected zero.

  • Milestone Pharmaceuticals Inc's reported EPS for the quarter was a loss of 14 cents​.

  • The company reported a quarterly loss of $9.44 million.

  • Milestone Pharmaceuticals Inc shares had risen by 27.6% this quarter and gained 16.2% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had risen by about 10.5% 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 3 "strong buy" or "buy," 1 "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 Milestone Pharmaceuticals Inc is $7.00

This summary was machine generated from LSEG data November 12 at 03:26 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

-0.16

-0.14

Beat

Jun. 30 2024

-0.19

-0.14

Beat

Mar. 31 2024

-0.26

-0.21

Beat

Dec. 31 2023

-0.31

-0.32

Missed

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