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Stock impact report

Earnings Update: Ocuphire Pharma, Inc. (NASDAQ:OCUP) Just Reported And Analysts Are Trimming Their Forecasts [Yahoo! Finance]

Ocuphire Pharma, Inc. (OCUP) 
Company Research Source: Yahoo! Finance
It was not a great statutory result, with revenues coming in 20% lower than the analysts predicted. Unsurprisingly, earnings also fell seriously short of forecasts, turning into a per-share loss of US$0.46. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results. View our latest analysis for Ocuphire Pharma After the latest results, the consensus from Ocuphire Pharma's four analysts is for revenues of US$15.1m in 2024, which would reflect a painful 21% decline in revenue compared to the last year of performance. Losses are forecast to balloon 84% to US$0.74 per share. Before this latest report, the consensus had been expecting revenues of US$28.1m and US$0.0067 per share in losses. Show less Read more
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