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ANIK Anika Therapeutics News Story

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Anika Therapeutics Inc expected to post a loss of 19 cents a share - Earnings Preview

* Anika Therapeutics Inc  ANIK.OQ   ANIK.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 8 for
the period ending March 31 2024
    * The Bedford Massachusetts-based  company is expected to
report a
3.2% increase in revenue to $39.143 million from $37.92 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Anika Therapeutics Inc
is for
a loss of 19 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "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 Anika
Therapeutics Inc is $32.00​, above​ its last closing price
of $27.86. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023              -0.26      -4.30     Missed  -1,532
                                                        .9
 Sep. 30 2023  -0.38       -0.37      -0.45     Missed  -20.5
 Jun. 30 2023  -0.27       -0.27      -0.19     Beat    29.6​
 Mar. 31 2023  -0.33       -0.30      -0.47     Missed  -56.7
 ​​Dec.        -0.25       -0.24      -0.34     Missed  -41.7
 31 2022                                                
 Sep. 30 2022  -0.25       -0.25      -0.15     Beat    40​
 Jan. 1 0001   -0.21       -0.23      -0.20     Beat    11.8
 Jan. 1 0001   -0.37       -0.36      -0.20     Beat    45.2
 This summary was machine generated May 7 at 02:28 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)

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