Opko Health Inc Reports Results For The Quarter Ended In September 30: Earnings Summary

OPKO Health

08/11/2024 05:01

* OPKO Health Inc  OPK.OQ  reported a quarterly adjusted
loss of 3
cents​​ per share for the quarter ended September 30, 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 -11 cents to -7 cents per share.
    * Revenue fell 32.1% to $121.27 million from a year ago;
analysts
expected $181.53 million. 
    * OPKO Health Inc's reported EPS for the quarter was 2
cents​.
    * The company reported quarterly net income of $24.89
million.
    * OPKO Health Inc shares had fallen by 1.3% this quarter and
lost 2.6% so far this year.

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 $3.00 
This summary was machine generated from LSEG data November 8 at
05:01 a.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
 Sep. 30 2024      -0.09          -0.03          Beat
 Jun. 30 2024      -0.09          -0.01          Beat
 Mar. 31 2024      -0.09          -0.12          Missed
 Dec. 31 2023      -0.09          -0.09          Met