OraSure Technologies Inc expected to post a loss of 3 cents a share - Earnings Preview

OraSure Technologies

03/08/2024 24:58

* OraSure Technologies Inc  OSUR.OQ   OSUR.O  is expected
to show
a fall in quarterly revenue when it reports  results on August 6
for the period ending June 30 2024
    * The Bethlehem Pennsylvania-based  company is expected to
report
a 39.0% decrease in revenue to $52.132 million from $85.44
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.The company's guidance on May 8
2024, for the period ended June 30, was for revenue between
$50.00 million and $55.00 million.
    * ​LSEG's mean analyst estimate for OraSure Technologies Inc
is
for a loss of 3 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"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 OraSure
Technologies Inc is $5.00​, above​ its last closing price
of $4.32. ​​​

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  0.02        0.01       -0.05     Missed  -766.7
 Jan. 1 2024   0.09        0.09       0.27      Beat    217.6
 Sep. 30 2023  0.05        0.04       0.15      Beat    275​
 Jun. 30 2023  -0.10       -0.08      0.09      Beat    217.4
 ​​Mar.        0.16        0.14       0.37      Beat    170.7
 31 2023                                                
 Dec. 31 2022  -0.02       -0.01      0.21      Beat    2,200​
 Sep. 30 2022  -0.03       -0.04      0.07      Beat    275
 Jun. 30 2022  -0.14       -0.13      -0.26     Missed  -95.8
 This summary was machine generated August 2 at 23:58 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)