Clene Inc. <CLNN.OQ> expected to post a loss of 95 cents a share - Earnings Preview
Clene Inc. CLNN.OQ CLNN.O is expected to show a fall in quarterly revenue when it reports results on March 11 (estimated) for the period ending December 31 2024
The Salt Lake City Utah-based company is expected to report a 23.5% decrease in revenue to $130 thousand from $170 thousand a year ago, according to the mean estimate from 6 analysts, based on LSEG data.
LSEG's mean analyst estimate for Clene Inc. is for a loss of 95 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," no "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 Clene Inc. is $30.50, above its last closing price of $4.53.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | -1.30 | -1.32 | -1.22 | Beat | 7.9 |
Jun. 30 2024 | -1.49 | -1.49 | -1.06 | Beat | 28.9 |
Mar. 31 2024 | -1.63 | -1.60 | -1.80 | Missed | -12.5 |
Dec. 31 2023 | -1.60 | -1.45 | -1.20 | Beat | 17.2 |
Sep. 30 2023 | -2.04 | -1.80 | -0.40 | Beat | 77.8 |
Jun. 30 2023 | -2.08 | -2.46 | -5.80 | Missed | -136 |
Mar. 31 2023 | -2.80 | -2.90 | -3.00 | Missed | -3.4 |
Dec. 31 2022 | -2.17 | -2.49 | -0.20 | Beat | 92 |
This summary was machine generated March 7 at 13:08 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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