BioXcel Therapeutics Inc BTAI.OQ reported a quarterly adjusted loss of 32 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $-1.72. The mean expectation of six analysts for the quarter was for a loss of 54 cents per share. Wall Street expected results to range from -73 cents to -44 cents per share.
Revenue fell 37.2% to $214.00 thousand from a year ago; analysts expected $1.31 million.
BioXcel Therapeutics Inc's reported EPS for the quarter was a loss of 32 cents.
The company reported a quarterly loss of $13.65 million.
BioXcel Therapeutics Inc shares had risen by 1.5% this quarter and lost 79.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 3.7% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."
The average consensus recommendation for the pharmaceuticals peer group is also "buy"
Wall Street's median 12-month price target for BioXcel Therapeutics Inc is 6.00
This summary was machine generated from LSEG data November 14 at 08:58 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 | -0.54 | -0.32 | Beat |
Jun. 30 2024 | -0.71 | -0.21 | Beat |
Mar. 31 2024 | -0.70 | -0.87 | Missed |
Dec. 31 2023 | -0.91 | -0.76 | Beat |
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