Mind Medicine (MindMed) Inc reports results for the quarter ended December 31 - Earnings Summary

Reuters
06 Mar
Mind Medicine (MindMed) Inc reports results for the quarter ended December 31 - Earnings Summary
  • Mind Medicine (MindMed) Inc MNMD.OQ reported a quarterly adjusted loss of 41 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -59 cents. The mean expectation of ten analysts for the quarter was for a loss of 30 cents per share. Wall Street expected results to range from -35 cents to -14 cents per share.

  • Reported revenue was zero​; analysts expected zero.

  • Mind Medicine (MindMed) Inc's reported EPS for the quarter was a loss of 41 cents​.

  • The company reported a quarterly loss of $34.74 million.

  • Mind Medicine (MindMed) Inc shares had fallen by 8.3% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had risen by about 5.2% 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 10 "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 Mind Medicine (MindMed) Inc is $20.00

This summary was machine generated from LSEG data March 6 at 02:31 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

Dec. 31 2024

-0.30

-0.41

Missed

Sep. 30 2024

-0.28

-0.27

Beat

Jun. 30 2024

-0.33

-0.26

Beat

Mar. 31 2024

-0.53

-1.14

Missed

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10