Acacia Research Corp expected to post earnings of 1 cent a share - Earnings Preview

Acacia Research

08/11/2024 16:39

* Acacia Research Corp  ACTG.OQ   ACTG.O  is expected
to show a
rise in quarterly revenue when it reports  results on November
12 for the period ending September 30 2024
    * The New York City-based  company is expected to report a
170.2% increase in revenue to $27.25 million from $10.08 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
earnings of 1 cent 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 $4.68. ​​​

This summary was machine generated November 8 at 16:39 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)