OraSure Technologies Inc reports results for the quarter ended in June - Earnings Summary

OraSure Technologies

04/08/2023 01:05

* OraSure Technologies Inc  OSUR.OQ  reported a quarterly
adjusted
loss of 7 cents​​ per share for the quarter ended in June. The
mean expectation of five analysts for the quarter was for a loss
of 8 cents per share.
    * Revenue rose 6.5% to $85.44 million from a year ago;
analysts
expected $63.86 million. 
    * OraSure Technologies Inc's reported EPS for the quarter
was a
loss of 7 cents​.
    * The mean earnings estimate of analysts had fallen by
about 150%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * OraSure Technologies Inc shares had fallen by 10.0% this
quarter and lost 6.4% so far this year.
    * The company reported a quarterly loss of $4.8 million.
    * Wall Street's median 12-month price target for OraSure
Technologies Inc is $5.88 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 4 at 12:05 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.08          -0.07          Beat
 Mar. 31 2023      0.14           0.37           Beat
 Dec. 31 2022      -0.01          0.21           Beat
 Sep. 30 2022      -0.04          0.07           Beat