MannKind Corp expected to post breakeven results a share - Earnings Preview

MannKind

24/02/2024 24:59

* MannKind Corp  MNKD.OQ   MNKD.O  is expected to show a
rise in
quarterly revenue when it reports  results on February 27 for
the period ending December 31 2023
    * The Danbury Connecticut-based  company is expected to
report a
48.6% increase in revenue to $53.58 million from $36.06 million
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for MannKind Corp is for
breakeven
results per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for MannKind
Corp is
$6.75​, above​ its last closing price of $3.55. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.02       -0.02      0.01      Beat    160.6
 Jun. 30 2023  -0.04       -0.04      -0.02     Beat    47.4
 Mar. 31 2023  -0.05       -0.05      -0.04     Beat    20.3​
 Dec. 31 2022  -0.06       -0.06      -0.07     Missed  -12.9
 ​​Sep.        -0.09       -0.09      -0.06     Beat    30.2
 30 2022                                                
 Jun. 30 2022  -0.10       -0.09      -0.11     Missed  -17.5​
 Mar. 31 2022  -0.10       -0.10      -0.10     Met     -2
 Dec. 31 2021  -0.07       -0.07      -0.11     Missed  -65
 This summary was machine generated February 24 at 00:59 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)