Liquidia Corp reports results for the quarter ended June 30 - Earnings Summary

• Liquidia Corp LQDA.OQ reported a quarterly adjusted loss of 49 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of -37 cents. The mean expectation of nine analysts for the quarter was for a loss of 43 cents per share. Wall Street expected results to range from -55 cents to -35 cents per share.

• Revenue rose 141.5% to $8.84 million from a year ago; analysts expected $4.04 million.

• Liquidia Corp's reported EPS for the quarter was a loss of 49 cents​.

• The company reported a quarterly loss of $41.58 million.

• Liquidia Corp shares had risen by 70.1% this quarter and gained 80.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 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 8 "strong buy" or "buy," no "hold" and 1 "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 $32.00, about 33.8% above its last closing price of $21.20

This summary was machine generated from LSEG data August 12 at 01:30 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)