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

OraSure Technologies

10/05/2023 22:06

* OraSure Technologies Inc  OSUR.OQ  reported quarterly
adjusted
earnings of 37 cents​​ per share for the quarter ended in March.
The mean expectation of five analysts for the quarter was
for earnings of 14 cents per share.
    * Revenue rose 128.9% to $154.96 million from a year ago;
analysts
expected $126.57 million. 
    * OraSure Technologies Inc's reported EPS for the quarter
was 37
cents​.
    * The mean earnings estimate of analysts had risen by
about 243.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * OraSure Technologies Inc shares had risen by 11.9% this
quarter and gained 40.5% so far this year.
    * The company reported quarterly net income of $27.22
million.
    * Wall Street's median 12-month price target for OraSure
Technologies Inc is $6.50 
    * 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 May
10 at 09:06 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.14           0.37           Beat
 Dec. 31 2022      -0.01          0.21           Beat
 Sep. 30 2022      -0.04          0.07           Beat
 Jun. 30 2022      -0.13          -0.26          Missed