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

Collegium Pharmaceutical

09/05/2024 22:53

* Collegium Pharmaceutical Inc  COLL.OQ  reported quarterly
adjusted earnings of $1.45​​ per share for the quarter ended in
March, higher than the same quarter last year, when the company
reported EPS of -51 cents.  The mean expectation of six analysts
for the quarter was for earnings of 73 cents per share. Wall
Street expected results to range from 65 cents to 78 cents per
share.
    * Revenue rose 0.1% to $144.92 million from a year ago;
analysts
expected $146.85 million. 
    * Collegium Pharmaceutical Inc's reported EPS for the
quarter was
71 cents​.
    * The company reported quarterly net income of $27.71
million.
    * Collegium Pharmaceutical Inc shares had fallen by 2.0%
this
quarter and gained 23.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 12%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

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 $40.00 
This summary was machine generated from LSEG data May 9 at 09:52
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
 Mar. 31 2024      0.73           1.45           Beat
 Dec. 31 2023      0.66           0.82           Beat
 Sep. 30 2023      0.52           0.53           Beat
 Jun. 30 2023      0.29           0.34           Beat