GT Biopharma Inc reports results for the quarter ended June 30 - Earnings Summary

• GT Biopharma Inc GTBP.OQ reported a quarterly adjusted loss of 52 cents​​ per share for the quarter ended June 30. The lone analyst forecast for the quarter was for a loss of 68 cents per share.

• Reported revenue was zero​; analysts expected zero.

• GT Biopharma Inc's reported EPS for the quarter was a loss of 55 cents​.

• The company reported a quarterly loss of $1.52 million.

• GT Biopharma Inc shares had fallen by 53.1% this quarter and lost 44.9% so far this year.

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 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the biotechnology & medical research peer group is also "buy"

• Wall Street's median 12-month price target for GT Biopharma Inc is $11.00, about 84.7% above its last closing price of $1.68

This summary was machine generated from LSEG data August 14 at 08:48 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)