Assertio Holdings Inc ASRT.OQ ASRT.O is expected to show a fall in quarterly revenue when it reports results on March 12 for the period ending December 31 2024
The Lake Forest Illinois-based company is expected to report a 13.1% decrease in revenue to $28.674 million from $32.99 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.
LSEG's mean analyst estimate for Assertio Holdings Inc is for a loss of 4 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "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 Assertio Holdings Inc is $3.00, above its last closing price of $0.81.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Sep. 30 2024
-0.05
-0.05
-0.03
Beat
34.8
Jun. 30 2024
-0.03
-0.03
-0.04
Missed
-25
Mar. 31 2024
-0.03
-0.03
-0.05
Missed
-66.7
Dec. 31 2023
0.00
-0.02
-0.61
Missed
-2,950
Sep. 30 2023
0.04
0.07
-0.46
Missed
-719.5
Jun. 30 2023
0.14
0.14
0.13
Missed
-9.9
Mar. 31 2023
0.13
0.13
-0.07
Missed
-153.5
Dec. 31 2022
0.46
0.48
1.34
Beat
178.3
This summary was machine generated March 7 at 20:35 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)