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

OPKO Health

06/08/2024 03:09

* OPKO Health Inc  OPK.OQ   OPK.O  is expected to show a
fall in
quarterly revenue when it reports  results on August 7 for the
period ending June 30 2024
    * The Miami Florida-based  company is expected to report a
30.2% decrease in revenue to $185.19 million from $265.4 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.The company's guidance on May 7 2024, for the
period ended June 30, was for revenue between $182.00 million
and $187.00 million.
    * ​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 $3.00​, above​ its last closing price of $1.31. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -0.09       -0.09      -0.12     Missed  -26.3
 Dec. 31 2024  -0.09       -0.09      -0.09     Met     -2.3
 Sep. 30 2023  -0.09       -0.10      -0.11     Missed  -10​
 Jun. 30 2023  -0.07       -0.07      -0.03     Beat    63.6
 ​​Jan.        -0.08       -0.08      -0.02     Beat    73.9
 1 0001                                                 
 Dec. 31 2022  -0.11       -0.11      -0.11     Met     2.9​
 Jan. 1 0001   -0.08       -0.08      -0.11     Missed  -31
 Jun. 30 2022  0.01        0.01       -0.14     Missed  -1,850
 This summary was machine generated August 6 at 02:08 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)