Inhibikase Therapeutics Inc IKT.OQ reported a quarterly adjusted loss of 65 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -86 cents. The mean expectation of two analysts for the quarter was for a loss of 37 cents per share. Wall Street expected results to range from -68 cents to -6 cents per share.
Reported revenue was zero; analysts expected zero.
Inhibikase Therapeutics Inc's reported EPS for the quarter was a loss of 65 cents.
The company reported a quarterly loss of $5.78 million.
Inhibikase Therapeutics Inc shares had risen by 86.2% this quarter and gained 90.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 49% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "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 Inhibikase Therapeutics Inc is 6.50
This summary was machine generated from LSEG data November 14 at 08:57 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 | -0.37 | -0.65 | Missed |
Jun. 30 2024 | -0.67 | -0.66 | Beat |
Mar. 31 2024 | -0.79 | -0.73 | Beat |
Dec. 31 2023 | -0.85 | -0.64 | Beat |
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