Organogenesis Holdings Inc expected to post a loss of 3 cents a share - Earnings Preview

Organogenesis Holdings

08/05/2024 01:30

* Organogenesis Holdings Inc  ORGO.OQ   ORGO.O  is expected
to show a fall in quarterly revenue when it reports  results on
May 9 for the period ending March 31 2024
    * The Canton Massachusetts-based  company is expected to
report a
6.1% decrease in revenue to $101.05 million from $107.64 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.The company's guidance on February 29 2024,
for the period ended March 31, was for revenue between $98.00
million and $104.00 million.
    * ​LSEG's mean analyst estimate for Organogenesis Holdings
Inc is
for a loss of 3 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"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
Organogenesis
Holdings Inc is $5.00​, above​ its last closing price of $2.44.
​​​

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  0.00        0.01       0.00      Missed  -100
 Jan. 1 2023   0.00        0.01       0.02      Beat    300
 Jun. 30 2023  0.02        0.03       0.04      Beat    60​
 Mar. 31 2023  -0.02       -0.02      -0.02     Met     0
 ​​Jan.        0.05        0.05       0.06      Beat    20
 1 0001                                                 
 Sep. 30 2022  0.06        0.06       0.00      Missed  -100​
 Jun. 30 2022  0.08        0.08       0.07      Missed  -12.5
 Mar. 31 2022  0.04        0.05       0.00      Missed  -100
 This summary was machine generated May 8 at 00:30 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)