Core Viewpoint - MeiraGTx Holdings PLC is preparing to release its quarterly earnings, with expectations of negative earnings per share and lower revenues, which may affect investor sentiment [1][2]. Financial Performance - The anticipated earnings per share (EPS) for MGTX is -$0.50, with projected revenue around $6.9 million [2][6]. - The company has a negative P/E ratio of -4.55, indicating negative earnings, and a high price-to-sales ratio of 18.88, suggesting high market expectations for future growth [3][6]. - The enterprise value to sales ratio is 20.15, and the enterprise value to operating cash flow ratio is -5.92, reflecting negative operating cash flow [4]. - The earnings yield is -21.96%, further emphasizing the company's financial difficulties [4]. Debt and Liquidity - MGTX's debt-to-equity ratio is 27.19, indicating a relatively high level of debt compared to its equity [5][6]. - The current ratio is 0.88, suggesting potential liquidity concerns as it is below the standard threshold of 1 [5][6].
MeiraGTx Holdings PLC (MGTX) Quarterly Earnings Preview