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

Amarin

03/05/2023 14:33

* Amarin Corporation PLC  AMRN.OQ  reported a quarterly
adjusted
loss of 4 cents​​ per share for the quarter ended in March. The
mean expectation of six analysts for the quarter was for a loss
of 3 cents per share.
    * Revenue fell 9.1% to $85.98 million from a year ago;
analysts
expected $81.23 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 150%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Amarin Corporation PLC shares had fallen by 6.0% this
quarter and gained 16.5% so far this year.
    * The company reported a quarterly loss of $16.46 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 2 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
3 at 01:33 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      -0.06          -0.11          Missed