Top Wall Street Forecasters Revamp Veru Expectations Ahead Of Q4 Earnings

Core Viewpoint - Veru Inc. is expected to report a quarterly loss of 39 cents per share for its fourth quarter, an improvement from a loss of 52 cents per share in the same period last year [1]. Financial Performance - The anticipated loss of 39 cents per share is based on analyst expectations [1]. - The company had a public offering of 1.4 million shares priced at $3.00 per unit, totaling $25 million [1]. Stock Performance - Veru's shares fell by 1.2%, closing at $2.39 on Monday [1]. Analyst Ratings - Raymond James analyst Gary Nachman maintained an Outperform rating but reduced the price target from $30 to $20 [3]. - HC Wainwright & Co. analyst Yi Chen maintained a Buy rating with a price target of $3 [3]. - Oppenheimer analyst Leland Gershell maintained an Outperform rating with a price target of $5 [3].