Modular Medical Inc MODD.OQ reported a quarterly adjusted loss of 13 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -23 cents. The lone analyst forecast for the quarter was for a loss of 12 cents per share.
Reported revenue was zero; analysts expected zero.
Modular Medical Inc's reported EPS for the quarter was a loss of 13 cents.
The company reported a quarterly loss of $4.8 million.
Modular Medical Inc shares had fallen by 15.3% this quarter.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 9.1% 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 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
The average consensus recommendation for the medical equipment, supplies & distribution peer group is also "buy"
Wall Street's median 12-month price target for Modular Medical Inc is $8.00
This summary was machine generated from LSEG data February 14 at 02:28 a.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 |
Dec. 31 2024 | -0.12 | -0.13 | Missed |
Sep. 30 2024 | -0.11 | -0.14 | Missed |
Jun. 30 2024 | -0.20 | -0.12 | Beat |
Mar. 31 2024 | -0.17 | -0.14 | Beat |
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