Amarin Corporation PLC expected to post a loss of 5 cents a share - Earnings Preview

Amarin

29/10/2024 02:58

* Amarin Corporation PLC  AMRN.OQ   AMRN.O  is expected
to show a
fall in quarterly revenue when it reports  results on October 30
for the period ending September 30 2024
    * The Dublin Ireland; Republic of-based   company is
expected to
report a 32.6% decrease in revenue to $44.51 million from $66.06
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Amarin Corporation PLC
is for
a loss of 5 cents per share. 
    * The current average analyst rating on the shares is "sell"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"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 $1.00​, above​ its last closing price
of $0.63. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  -0.03       -0.04      0.00      Beat    100
 Jan. 1 2024   -0.04       -0.03      -0.02     Beat    33.3
 Jan. 1 0001   -0.03       -0.03      -0.01     Beat    66.7​
 Sep. 30 2023  -0.04       -0.04      -0.05     Missed  -11.1
 ​​Jun.        -0.04       -0.03      -0.04     Missed  -14.3
 30 2023                                                
 Mar. 31 2023  -0.03       -0.03      -0.04     Missed  -33.3​
 Dec. 31 2022  -0.01       0.00       0.00      Met     100
 Jan. 1 0001   -0.06       -0.06      -0.01     Beat    82.6
 This summary was machine generated October 29 at 02:58 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)