Nephros Inc reports results for the quarter ended December 31 - Earnings Summary

• Nephros Inc NEPH.OQ reported quarterly adjusted earnings of 3 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -6 cents. The mean expectation of two 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 18.9% to $3.87 million from a year ago; analysts expected $3.57 million.

• Nephros Inc's reported EPS for the quarter was 3 cents​.

• The company reported quarterly net income of $349 thousand.

• Nephros Inc shares had fallen by 2.8% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged 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 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the environmental services & equipment peer group is also "buy"

Wall Street's median 12-month price target for Nephros Inc is $4.75

This summary was machine generated from LSEG data March 7 at 02:16 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)