OraSure Technologies Inc expected to post earnings of 9 cents a share - Earnings Preview

OraSure Technologies

09/02/2024 11:12

* OraSure Technologies Inc  OSUR.OQ   OSUR.O  is expected
to show
a fall in quarterly revenue when it reports  results on February
12 (estimated) for the period ending December 31 2023
    * The Bethlehem Pennsylvania-based  company is expected to
report
a 39.8% decrease in revenue to $74.118 million from $123.08
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.The company's guidance on November
7 2023, for the period ended December 31, was for revenue
between $71.00 million and $76.00 million.
    * ​LSEG's mean analyst estimate for OraSure Technologies Inc
is
for earnings of 9 cents 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 $8.00​, above​ its last closing price
of $7.22. ​​​

The company's guidance on November 7 2023 for the period ended
December 31 was for gross profit margin between USD44% and
USD46%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2022  -0.02       -0.01      0.21      Beat    2,200
 ​​Sep.        -0.03       -0.04      0.07      Beat    275
 30 2022                                                
 Jun. 30 2022  -0.14       -0.13      -0.26     Missed  -95.8​
 Mar. 31 2022  -0.06       -0.09      -0.28     Missed  -216.4
 Dec. 31 2021  -0.18       -0.13      -0.14     Missed  -5.1
 This summary was machine generated February 9 at 11:12 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)