Ovid Therapeutics Inc expected to post a loss of 17 cents a share - Earnings Preview

Reuters
03-04
  • Ovid Therapeutics Inc OVID.OQ OVID.O is expected to show a rise in quarterly revenue when it reports results on March 6 (estimated) for the period ending December 31 2024

  • The New York City-based company is expected to report a 33.3% increase in revenue to $189.29 thousand from $142 thousand a year ago, according to the mean estimate from 7 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Ovid Therapeutics Inc is for a loss of 17 cents per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Ovid Therapeutics Inc is $3.50​, above​ its last closing price of $0.49. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

-0.19

-0.20

-0.20

Met

1.9

Jun. 30 2024

-0.20

-0.22

0.12

Beat

154.1

Mar. 31 2024

-0.22

-0.22

-0.17

Beat

22​

Dec. 31 2023

0.25

-0.05

-0.22

Missed

-342.6

​​Sep. 30 2023

-0.19

-0.19

-0.16

Beat

15.2

Jun. 30 2023

-0.20

-0.20

-0.18

Beat

12​

Mar. 31 2023

-0.17

-0.17

-0.19

Missed

-10.9

Dec. 31 2022

-0.17

-0.18

-0.16

Beat

12.2

This summary was machine generated March 4 at 14:11 GMT. 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)

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