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

Celcuity Inc reported a quarterly adjusted loss of 85 cents per share for the quarter ended December 31, compared to a loss of 65 cents in the same quarter last year. The loss was worse than the analysts' expectation of 71 cents. The company reported zero revenue and a total loss of $36.65 million. Celcuity's shares fell by 21.8% this quarter. Despite this, the average analyst rating remains a "buy" with a median 12-month price target of $28.50.
Celcuity Inc (CELC.OQ) reported a quarterly adjusted loss of 85 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -65 cents. The mean expectation of seven analysts for the quarter was for a loss of 71 cents per share. Wall Street expected results to range from -80 cents to -65 cents per share.
Reported revenue was zero; analysts expected zero.
Celcuity Inc’s reported EPS for the quarter was a loss of 85 cents.
The company reported a quarterly loss of $36.65 million.
Celcuity Inc shares had fallen by 21.8% this quarter. 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 8 “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 Celcuity Inc is $28.50 This summary was machine generated from LSEG data March 31 at 09:00 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) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Dec. 31 2024 -0.71 -0.85 Missed
Sep. 30 2024 -0.65 -0.70 Missed
Jun. 30 2024 -0.68 -0.62 Beat
Mar. 31 2024 -0.71 -0.64 Beat
