Ovid Therapeutics Inc <OVID.OQ> expected to post a loss of 17 cents a share - Earnings Preview
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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