Amarin Corporation PLC expected to post a loss of 3 cents a share - Earnings Preview

Amarin

27/02/2024 14:21

* Amarin Corporation PLC  AMRN.OQ   AMRN.O  is expected
to show a
fall in quarterly revenue when it reports  results on February
29 for the period ending December 31 2023
    * The Dublin Ireland; Republic of-based   company is
expected to
report a 29.3% decrease in revenue to $63.813 million from
$90.25 million a year ago, according to the mean estimate from 5
analysts, based on LSEG data. (Majority is on Total Revenue
Basis)
    * ​LSEG's mean analyst estimate for Amarin Corporation PLC
is for
a loss of 3 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and 2 "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 Amarin
Corporation PLC is $1.63​, above​ its last closing price
of $1.21. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.04       -0.04      -0.05     Missed  -11.1
 Jun. 30 2023  -0.04       -0.03      -0.04     Missed  -14.3
 Mar. 31 2023  -0.03       -0.03      -0.04     Missed  -33.3​
 Dec. 31 2022  -0.01       0.00       0.00      Met     100
 ​​Sep.        -0.06       -0.06      -0.01     Beat    82.6
 30 2022                                                
 Jun. 30 2022  -0.06       -0.06      -0.11     Missed  -79.6​
 Mar. 31 2022  -0.02       -0.02      -0.08     Missed  -366.7
 Dec. 31 2021  -0.02       -0.02      0.04      Beat    328.6
 This summary was machine generated February 27 at 14:21 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)