Acacia Research Corp expected to post earnings of 5  cents a share - Earnings Preview

Acacia Research

14/05/2021 13:00

* Acacia Research Corp  ACTG.OQ   ACTG.O  is expected to report
results on May 17.
* The New York City, New York-based company is expected to
report revenue of $3.75 million, according to the estimate from
one analyst, based on Refinitiv data.  
​* Refinitiv's mean analyst estimate for Acacia Research Corp is
for earnings of 5 cents per share. 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 1 "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 Acacia Research
Corp is $8​, about 32.5% above​ its last closing price
of $5.40. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020              -0.01      0.00      Beat    140
 Sep. 30 2020              -0.02      -0.12     Missed  -500
 Jun. 30 2020  -0.02       -0.02      -0.11     Missed  -450​
 ​​            ​                                        ​
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 This summary was machine generated May 14 at 12:00 GMT.  All
figures in US dollars unless otherwise stated