Assertio Holdings Inc expected to post a loss of 2 cents a share - Earnings Preview

Assertio Holdings

08/03/2024 20:03

* Assertio Holdings Inc  ASRT.OQ   ASRT.O  is expected
to show a
fall in quarterly revenue when it reports  results on March 11
for the period ending December 31 2023
    * The Lake Forest Illinois-based  company is expected to
report a
32.8% decrease in revenue to $33.813 million from $50.35 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Assertio Holdings Inc is
for a
loss of 2 cents per share. 
    * The one available analyst rating on the shares is "buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Assertio
Holdings
Inc is $3.50​, above​ its last closing price of $0.91. ​​​

This summary was machine generated March 8 at 20:03 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)