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ANIK Anika Therapeutics News Story

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Anika Therapeutics Inc expected to post a loss of 26 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 March 13
for the period ending December 31 2023
    * The Bedford Massachusetts-based  company is expected to
report a
4.5% increase in revenue to $41.405 million from $39.62 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 26 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 $29.00​, above​ its last closing price
of $25.42. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2022  -0.25       -0.24      -0.34     Missed  -41.7
 ​​Sep.        -0.25       -0.25      -0.15     Beat    40
 30 2022                                                
 Jun. 30 2022  -0.21       -0.23      -0.20     Beat    11.8​
 Mar. 31 2022  -0.37       -0.36      -0.20     Beat    45.2
 Dec. 31 2021  -0.29       -0.25      -0.40     Missed  -58.4
 This summary was machine generated March 11 at 20:04 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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