Collegium Pharmaceutical Inc reports results for the quarter ended in June - Earnings Summary

Collegium Pharmaceutical

08/08/2024 22:02

* Collegium Pharmaceutical Inc  COLL.OQ  reported quarterly
adjusted earnings of 52 cents​​ per share for the quarter ended
in June, higher than the same quarter last year, when the
company reported EPS of 34 cents.  The mean expectation of
six analysts for the quarter was for earnings of $1.51 per
share. Wall Street expected results to range from $1.38 
to $1.62 per share.
    * Revenue rose 7.2% to $145.28 million from a year ago;
analysts
expected $143.94 million. 
    * Collegium Pharmaceutical Inc's reported EPS for the
quarter was
49 cents​.
    * The company reported quarterly net income of $19.61
million.
    * Collegium Pharmaceutical Inc shares had risen by 7.6% this
quarter and gained 12.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 39.7%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the
pharmaceuticals
peer group is also "buy"

Wall Street's median 12-month price target for Collegium
Pharmaceutical Inc is $42.00 
This summary was machine generated from LSEG data August 8 at
09:01 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      1.51           0.52           Missed
 Mar. 31 2024      0.94           1.45           Beat
 Dec. 31 2023      0.66           0.82           Beat
 Sep. 30 2023      0.52           0.53           Beat