Cerus Corp reports results for the quarter ended December 31 - Earnings Summary

• Cerus Corp CERS.OQ reported a quarterly adjusted loss of 1 cent​​ per share for the quarter ended December 31, identical to the same quarter last year. The mean expectation of six analysts for the quarter was for a loss of one cent per share. Wall Street expected results to range from -2 cents to -1 cents per share.

• Revenue rose 8.6% to $50.81 million from a year ago; analysts expected $49.64 million.

• Cerus Corp's reported EPS for the quarter was a loss of 1 cent​.

• The company reported a quarterly loss of $2.52 million.

• Cerus Corp shares had risen by 17.5% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 12.5% 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 4 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the medical equipment, supplies & distribution peer group is also "buy"

Wall Street's median 12-month price target for Cerus Corp is $4.00

This summary was machine generated from LSEG data February 20 at 10:01 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)