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Harrow Inc reports results for the quarter ended December 31 - Earnings Summary

Harrow Inc HROW.OQ reported quarterly adjusted earnings of 24 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -25 cents.  The mean expectation of five analysts for the quarter was for earnings of 7 cents per share. Wall Street expected results to range from -1 cents to 17 cents per share.

Revenue rose 83.8% to $66.83 million from a year ago; analysts expected $61.79 million.

Harrow Inc's reported EPS for the quarter was 24 cents​.

The company reported quarterly net income of $6.78 million.

Harrow Inc shares had fallen by 17.6% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 231.7% 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 5 "strong buy" or "buy," no "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 Harrow Inc is $57.00

This summary was machine generated from LSEG data March 27 at 10:27 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Dec. 31 20240.070.24Beat
Sep. 30 2024-0.05-0.12Missed
Jun. 30 2024-0.20-0.18Beat
Mar. 31 2024-0.20-0.38Missed

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