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

Harrow

07/08/2024 22:21

* Harrow Inc  HROW.OQ  reported a quarterly adjusted loss
of 18
cents​​ per share for the quarter ended in June, lower than the
same quarter last year, when the company reported EPS of -14
cents.  The mean expectation of four analysts for the quarter
was for a loss of 20 cents per share. Wall Street expected
results to range from -27 cents to -12 cents per share.
    * Revenue rose 46.2% to $48.94 million from a year ago;
analysts
expected $42.51 million. 
    * Harrow Inc's reported EPS for the quarter was a loss of 18
cents​.
    * The company reported a quarterly loss of $6.47 million.
    * Harrow Inc shares had risen by 8.8% this quarter and
gained 102.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 49.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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
$29.50 
This summary was machine generated from LSEG data August 7 at
09:21 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      -0.20          -0.18          Beat
 Mar. 31 2024      -0.20          -0.38          Missed
 Dec. 31 2023      -0.04          -0.25          Missed
 Sep. 30 2023      0.04           -0.13          Missed