Acacia Research Corp expected to post earnings of 12  cents a share - Earnings Preview

Acacia Research

30/10/2023 11:55

* Acacia Research Corp  ACTG.OQ   ACTG.O  is expected
to show a
fall in quarterly revenue when it reports  results 
    * The New York City-based  company is expected to report  a
49.6% decrease in revenue to $8 million from $15.88 million a
year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Acacia Research
Corp is
for earnings of 12 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 $6​, above​ its last closing price of $3.54. ​​​

This summary was machine generated October 30 at 11:55 GMT.  All
figures in US dollars  unless otherwise stated