Organogenesis Holdings Inc expected to post breakeven results a share - Earnings Preview

Organogenesis Holdings

07/08/2024 24:44

* Organogenesis Holdings Inc  ORGO.OQ   ORGO.O  is expected
to show a rise in quarterly revenue when it reports  results on
August 8 for the period ending June 30 2024
    * The Canton Massachusetts-based  company is expected to
report a
3.9% increase in revenue to $121.85 million from $117.32 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.The company's guidance on May 9 2024, for the
period ended June 30, was for revenue between $120.00 million
and $125.00 million.
    * ​LSEG's mean analyst estimate for Organogenesis Holdings
Inc is
for breakeven results per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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 $4.25​, above​ its last closing price of $2.59.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -0.03       -0.03      -0.02     Beat    25
 Dec. 31 2024  0.01        0.01       0.00      Missed  -100
 Sep. 30 2023  0.00        0.01       0.02      Beat    300​
 Jun. 30 2023  0.02        0.03       0.04      Beat    60
 ​​Mar.        -0.02       -0.02      -0.02     Met     0
 31 2023                                                
 Dec. 31 2022  0.05        0.05       0.06      Beat    20​
 Sep. 30 2022  0.06        0.06       0.00      Missed  -100
 Jun. 30 2022  0.08        0.08       0.07      Missed  -12.5
 This summary was machine generated August 6 at 23:44 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)