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Stock impact report

Rainbows and Unicorns: CorMedix Inc. (NASDAQ:CRMD) Analysts Just Became A Lot More Optimistic [Yahoo! Finance]

CorMedix Inc. (CRMD) 
NASDAQ:AMEX Investor Relations: cormedix.com
Company Research Source: Yahoo! Finance
The consensus statutory numbers for both revenue and earnings per share (EPS) increased, with their view clearly much more bullish on the company's business prospects. Following the upgrade, the current consensus from CorMedix's four analysts is for revenues of US$111m in 2025 which - if met - would reflect a sizeable increase on its sales over the past 12 months. The losses are expected to disappear over the next year or so, with forecasts for a profit of US$0.45 per share next year. Before this latest update, the analysts had been forecasting revenues of US$100m and earnings per share (EPS) of US$0.18 in 2025. So we can see there's been a pretty clear increase in analyst sentiment in recent times, with both revenues and earnings per share receiving a decent lift in the latest estimates. View our latest analysis for CorMedix Despite these upgrades, the analysts have not made any major changes to their price target of US$14.25, suggesting that the higher estimates are not likely Show less Read more
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