Opko Health Inc Reports Results For The Quarter Ended In December: Earnings Summary

OPKO Health

27/02/2024 23:28

* OPKO Health Inc  OPK.OQ  reported a quarterly adjusted
loss of 9
cents​​ per share for the quarter ended in December, higher than
the same quarter last year, when the company reported EPS of -11
cents.  The mean expectation of six analysts for the quarter was
for a loss of 9 cents per share. Wall Street expected results to
range from -10 cents to -8 cents per share.
    * Revenue fell 1.9% to $181.90 million from a year ago;
analysts
expected $177.53 million. 
    * OPKO Health Inc's reported EPS for the quarter was a loss
of 9
cents​.
    * The company reported a quarterly loss of $65.5 million.
    * OPKO Health Inc shares had fallen by 34.0% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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
"strong buy"
and the breakdown of recommendations is 6 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the healthcare
facilities & services peer group is  "buy."

Wall Street's median 12-month price target for OPKO Health Inc
is $4.00 
This summary was machine generated from LSEG data February 27 at
11:27 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
 Dec. 31 2023      -0.09          -0.09          Met
 Sep. 30 2023      -0.10          -0.11          Missed
 Jun. 30 2023      -0.07          -0.03          Beat
 Mar. 31 2023      -0.08          -0.02          Beat