Abacus Life Inc expected to post earnings of 14 cents a share - Earnings Preview

Abacus Global Management

06/11/2024 05:05

* Abacus Life Inc  ABL.OQ   ABL.O  is expected to report
resultson
November 7 for the period ending September 30 2024
    * The Orlando Florida-based  company is expected to report
revenue
of $28.461 million, according to the mean estimate from 4
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Abacus Life Inc is for
earnings of 14 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Abacus Life
Inc
is $13.75​, above​ its last closing price of $8.56. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.13        0.13       0.18      Beat    38.1
  0001                                0.11              
                                                        ​
 ​​                                                     
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 This summary was machine generated November 6 at 05:05 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)