Amarin Corporation PLC expected to post a loss of 4 cents a share - Earnings Preview

Amarin

30/10/2023 14:28

* Amarin Corporation PLC  AMRN.OQ   AMRN.O  is expected
to show a
fall in quarterly revenue when it reports  results 
    * The Dublin Ireland; Republic of-based   company is
expected to
report  a 34.7% decrease in revenue to $58.648 million from
$89.88 million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Amarin Corporation
PLC is
for a loss of 4 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and 1 "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 $1.13​, above​ its last closing price
of $0.69. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  -0.06       -0.06      -0.01     Beat    82.6
 ​​Jun.        -0.06       -0.06      -0.11     Missed  -79.6
 30 2022                                                
 Mar. 31 2022  -0.02       -0.02      -0.08     Missed  -366.7
                                                        ​
 Dec. 31 2021  -0.02       -0.02      0.04      Beat    328.6
 Sep. 30 2021  -0.03       -0.04      -0.03     Beat    15.6
 This summary was machine generated October 30 at 14:28 GMT.  All
figures in US dollars  unless otherwise stated