Lipocine Inc expected to post a loss of 78 cents a share - Earnings Preview

Lipocine

06/08/2024 19:26

* Lipocine Inc  LPCN.OQ   LPCN.O  is expected to show a rise
in
quarterly revenue when it reports  results on August 8
(estimated) for the period ending June 30 2024
    * The Salt Lake City Utah-based  company is expected to
report
revenue of $290 thousand, according to the estimate from one
analyst, based on LSEG data.
    * ​LSEG's mean analyst estimate for Lipocine Inc is for a
loss
of 78 cents per share. 
    * The one available analyst rating on the shares is "strong
buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Lipocine
Inc is
$33.00​, above​ its last closing price of $4.98. ​​​

This summary was machine generated August 6 at 18:26 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)