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ACTG Acacia Research News Story

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Acacia Research Corp expected to post a loss of 8 cents a share - Earnings Preview

Acacia Research Corp ACTG.OQ ACTG.O is expected to show a fall in quarterly revenue when it reports  results on March 13 for the period ending December 31 2024

The New York City-based  company is expected to report a 48.3% decrease in revenue to $47.75 million from $92.31 million a year ago, according to the estimate from one analyst, based on LSEG data.

​LSEG's mean analyst estimate for Acacia Research Corp is for a loss of 8 cents per share.

The one available analyst rating on the shares is "buy".

The mean earnings estimate of analysts was unchanged in the last three months. ​

Wall Street's median 12-month price target for Acacia Research Corp is $7.00​, above​ its last closing price of $4.19. ​​​

This summary was machine generated March 11 at 12:50 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)

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