Amarin Corporation PLC reports results for the quarter ended in June - Earnings Summary

Amarin

03/08/2023 08:01

* Amarin Corporation PLC  AMRN.OQ  reported a quarterly
adjusted
loss of 4 cents​​ per share for the quarter ended in June. The
mean expectation of five analysts for the quarter was for a loss
of 4 cents per share.
    * Revenue fell 15.1% to $80.17 million from a year ago;
analysts
expected $74.52 million. 
    * Amarin Corporation PLC's reported EPS for the quarter was
a loss
of 4 cents​.
    * The mean earnings estimate of analysts had fallen by
about 9.4%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Amarin Corporation PLC shares had held steady so far this
quarter and lost 1.7% so far this year.
    * The company reported a quarterly loss of $17.56 million.
    * Wall Street's median 12-month price target for Amarin
Corporation PLC is $2.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 07:01 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.03          -0.04          Missed
 Mar. 31 2023      -0.03          -0.04          Missed
 Dec. 31 2022      0.00           0.00           Met
 Sep. 30 2022      -0.06          -0.01          Beat