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Veru Inc. (VERU) Reports Q4 Loss, Tops Revenue Estimates
VERUVeru(VERU) ZACKS·2024-12-17 01:01

Group 1 - Veru Inc. reported a quarterly loss of 0.06pershare,betterthantheZacksConsensusEstimateofalossof0.06 per share, better than the Zacks Consensus Estimate of a loss of 0.07, and improved from a loss of 0.16pershareayearago,resultinginanearningssurpriseof14.290.16 per share a year ago, resulting in an earnings surprise of 14.29% [1] - The company posted revenues of 6.66 million for the quarter ended September 2024, exceeding the Zacks Consensus Estimate by 86.99%, and up from 3.86millioninthesamequarterlastyear[2]−Overthelastfourquarters,Veruhassurpassedconsensusrevenueestimatesthreetimes[2]Group2−ThecurrentconsensusEPSestimatefortheupcomingquarteris−3.86 million in the same quarter last year [2] - Over the last four quarters, Veru has surpassed consensus revenue estimates three times [2] Group 2 - The current consensus EPS estimate for the upcoming quarter is -0.08 on revenues of 3.18million,andforthecurrentfiscalyear,itis−3.18 million, and for the current fiscal year, it is -0.29 on revenues of $12.78 million [8] - The Zacks Industry Rank for Medical - Products is in the top 33% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [9]