Biofrontera Inc expected to post a loss of $1.17 a share - Earnings Preview

Biofrontera

13/05/2024 22:08

* Biofrontera Inc  BFRI.OQ   BFRI.O  is expected to show a
rise in
quarterly revenue when it reports  results on May 15 for the
period ending January 1 0001
    * The Woburn Massachusetts-based  company is expected to
report a
24.3% increase in revenue to $10.857 million from $8.73 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Biofrontera Inc is for a
loss
of $1.17 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 21.4%
in the last three months. ​
    * Wall Street's median 12-month price target for Biofrontera
Inc
is $16.00​, above​ its last closing price of $1.26. ​​​

This summary was machine generated May 13 at 21:08 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)