Delcath Systems Inc reports results for the quarter ended March 31 - Earnings Summary

• Delcath Systems Inc DCTH.OQ reported quarterly adjusted earnings of 3 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -45 cents. The mean expectation of six analysts for the quarter was for earnings of 2 cents per share. Wall Street expected results to range from -4 cents to 10 cents per share.

• Revenue rose 530.3% to $19.78 million from a year ago; analysts expected $16.83 million.

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

• The company reported quarterly net income of $1.07 million.

• Delcath Systems Inc shares had fallen by 8.8% this quarter and lost 3.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 122.1% 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 6 "strong buy" or "buy," no "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 Delcath Systems Inc is $22.00

This summary was machine generated from LSEG data May 8 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)