Organogenesis Holdings Inc reports results for the quarter - Earnings Summary

Organogenesis Holdings

13/11/2024 14:27

* Organogenesis Holdings Inc  ORGO.OQ  reported quarterly
adjusted
earnings of 9 cents​​ per share for the quarter , higher than
the same quarter last year, when the company reported EPS of 2
cents.  The mean expectation of four analysts for the quarter
was for a loss of one cent per share. Wall Street expected
results to range from -2 cents tozero cents per share.
    * Revenue rose 6.1% to $115.18 million from a year ago;
analysts
expected $108.83 million. 
    * Organogenesis Holdings Inc's reported EPS for the quarter
was 9
cents​.
    * The company reported quarterly net income of $12.33
million.
    * Organogenesis Holdings Inc shares had risen by 20.6% this
quarter and lost 15.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the biotechnology
&
medical research peer group is also "buy"

Wall Street's median 12-month price target for Organogenesis
Holdings Inc is 4.40 
This summary was machine generated from LSEG data November 13 at
02:27 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      -0.01          0.09           Beat
 Jun. 30 2024      0.00           0.04           Beat
 Mar. 31 2024      -0.03          -0.02          Beat
 Dec. 31 2023      0.01           0.00           Missed