Assertio Holdings Inc expected to post earnings of 14  cents a share - Earnings Preview

Assertio Holdings

02/08/2023 03:05

* Assertio Holdings Inc  ASRT.OQ   ASRT.O  is expected
to show a
rise in quarterly revenue when it reports  results on August 3. 
    * The Lake Forest Illinois-based  company is expected to
report  a
13.4% increase in revenue to $39.835 million from $35.13 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Assertio Holdings
Inc is
for earnings of 14 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Assertio
Holdings
Inc is $10​, above​ its last closing price of $5.38. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.13        0.13       -0.07     Missed  -153.5
 Dec. 31 2023  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.        0.09        0.09       0.20      Beat    122.2
 31 2022                                                
 Dec. 31 2021  0.12        0.12       0.10      Missed  -16.7​
 Sep. 30 2021  -0.04       -0.04      0.08      Beat    300
 Jun. 30 2021              0.12       -0.23     Missed  -291.7
 This summary was machine generated August 2 at 02:05 GMT.  All
figures in US dollars  unless otherwise stated