Opko Health Inc Expected To Post A Loss Of 9 Cents A Share: Earnings Preview

OPKO Health

20/02/2024 03:03

* OPKO Health Inc  OPK.OQ   OPK.O  is expected to show a
fall in
quarterly revenue when it reports  results on February 21
(estimated) for the period ending December 31 2023
    * The Miami Florida-based  company is expected to report a
4.2% decrease in revenue to $177.532 million from $185.4 million
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data.The company's guidance on November 6 2023,
for the period ended December 31, was for revenue between
$170.00 million and $180.00 million. (Majority is on Total
Revenue Basis)
    * ​LSEG's mean analyst estimate for OPKO Health Inc is for a
loss
of 9 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 6 "strong buy" or
"buy," no "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 OPKO Health
Inc
is $4.00​, above​ its last closing price of $1.01. ​​​

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  -0.09       -0.10      -0.11     Missed  -10
 Jun. 30 2023  -0.07       -0.07      -0.03     Beat    63.6
 Mar. 31 2023  -0.08       -0.08      -0.02     Beat    73.9​
 Dec. 31 2022  -0.11       -0.11      -0.11     Met     2.9
 ​​Sep.        -0.08       -0.08      -0.11     Missed  -31
 30 2022                                                
 Jun. 30 2022  0.01        0.01       -0.14     Missed  -1,850
                                                        ​
 Mar. 31 2022  -0.06       -0.06      -0.08     Missed  -42.9
 Dec. 31 2021  -0.02       -0.02      -0.11     Missed  -450
 This summary was machine generated February 20 at 03:03 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)