* Modular Medical Inc 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 -19 cents. The lone analyst forecast for the quarter was for a loss of 11 cents per share.
* Reported revenue was zero; analysts expected $100.00 thousand.
* Modular Medical Inc's reported EPS for the quarter was a loss of 14 cents.
* The company reported a quarterly loss of $4.96 million.
* Modular Medical Inc shares had fallen by 4.9% this quarter and gained 17.6% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 45% 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 "strong 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 medical equipment, supplies & distribution peer group is "buy."
Wall Street's median 12-month price target for Modular Medical Inc is $5.75 This summary was machine generated from LSEG data November 15 at 02:07 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 -0.11 -0.14 Missed
Jun. 30 2024 -0.20 -0.12 Beat
Mar. 31 2024 -0.17 -0.14 Beat
Dec. 31 2023 -0.17 -0.23 Missed