OraSure Technologies Inc expected to post earnings of 1 cent a share - Earnings Preview

OraSure Technologies

07/05/2024 24:52

* OraSure Technologies Inc  OSUR.OQ   OSUR.O  is expected
to show
a fall in quarterly revenue when it reports  results on May 8
for the period ending March 31 2024
    * The Bethlehem Pennsylvania-based  company is expected to
report
a 66.4% decrease in revenue to $52.102 million from $154.96
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.The company's guidance on February
27 2024, for the period ended March 31, was for revenue between
$50.00 million and $54.00 million.
    * ​LSEG's mean analyst estimate for OraSure Technologies Inc
is
for earnings of 1 cent per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 5
"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 $7.63​, above​ its last closing price
of $5.50. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  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. 31 2023  0.16        0.14       0.37      Beat    170.7
 ​​Dec.        -0.02       -0.01      0.21      Beat    2,200
 31 2022                                                
 Sep. 30 2022  -0.03       -0.04      0.07      Beat    275​
 Jun. 30 2022  -0.14       -0.13      -0.26     Missed  -95.8
 Mar. 31 2022  -0.06       -0.09      -0.28     Missed  -216.4
 This summary was machine generated May 6 at 23:52 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)