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

• Liquidia Corp LQDA.OQ reported a quarterly adjusted loss of 46 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -42 cents. The mean expectation of nine analysts for the quarter was for a loss of 37 cents per share. Wall Street expected results to range from -49 cents to -26 cents per share.

• Revenue fell 35.6% to $2.92 million from a year ago; analysts expected $4.60 million.

• Liquidia Corp's reported EPS for the quarter was a loss of 46 cents​.

• The company reported a quarterly loss of $38.37 million.

• Liquidia Corp shares had risen by 25.3% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 1.9% 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 9 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the pharmaceuticals peer group is also "buy"

Wall Street's median 12-month price target for Liquidia Corp is $27.00

This summary was machine generated from LSEG data March 19 at 01:31 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)