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

• Celcuity Inc CELC.OQ reported a quarterly adjusted loss of 86 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -64 cents. The mean expectation of six analysts for the quarter was for a loss of 86 cents per share. Wall Street expected results to range from $-1.01 to -65 cents per share.

• Reported revenue was zero​; analysts expected zero.

• Celcuity Inc's reported EPS for the quarter was a loss of 86 cents​.

• The company reported a quarterly loss of $37 million.

• Celcuity Inc shares had risen by 7.4% this quarter and lost 17.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 20.2% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• Wall Street's median 12-month price target for Celcuity Inc is $27.50

This summary was machine generated from LSEG data May 15 at 10:00 a.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)