Assertio Holdings Inc expected to post earnings of 13  cents a share - Earnings Preview

Assertio Holdings

05/05/2023 23:08

* Assertio Holdings Inc  ASRT.OQ   ASRT.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 9. 
    * The Lake Forest Illinois-based  company is expected to
report  a
3.0% increase in revenue to $37.637 million from $36.54 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. The company's guidance on March 8 2023,
for the period ended March 31, was for revenue between $36.00
million and $38.00 million.
    * ​Refinitiv's mean analyst estimate for Assertio Holdings
Inc is
for earnings of 13 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 175.1%
in the last three months. ​
    * Wall Street's median 12-month price target for Assertio
Holdings
Inc is $8​, above​ its last closing price of $6.15. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.46        0.48       1.34      Beat    178.3
 Sep. 30 2022  0.07        0.07       0.08      Beat    22.6
 Jun. 30 2022  0.08        0.08       0.16      Beat    106.9​
 Mar. 31 2022  0.09        0.09       0.20      Beat    122.2
 ​​Dec.        0.12        0.12       0.10      Missed  -16.7
 31 2021                                                
 Sep. 30 2021  -0.04       -0.04      0.08      Beat    300​
 Jun. 30 2021              0.12       -0.23     Missed  -291.7
 Mar. 31 2021  0.08        0.08       0.16      Beat    100
 This summary was machine generated May 5 at 22:08 GMT.  All
figures in US dollars  unless otherwise stated