Societal CDMO Inc expected to post a loss of 1 cent a share - Earnings Preview

Societal CDMO

27/02/2024 24:42

* Societal CDMO Inc  SCTL.OQ   SCTL.O  is expected to show a
rise
in quarterly revenue when it reports  results on February 28
(estimated) for the period ending December 31 2023
    * The Exton Pennsylvania-based  company is expected to
report a
5.0% increase in revenue to $25.485 million from $24.28 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Societal CDMO Inc is for
a
loss of 1 cent per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "strong buy" or
"buy," no "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 Societal
CDMO Inc
is $1.25​, above​ its last closing price of $0.54. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.02       -0.02      -0.05     Missed  -150
 Jun. 30 2023  -0.03       -0.03      -0.04     Missed  -20
 Mar. 31 2023  -0.05       -0.05      -0.06     Missed  -20​
 Dec. 31 2022  -0.09       -0.07      -0.07     Met     3.4
 ​​Sep.        -0.06       -0.06      -0.06     Met     4
 30 2022                                                
 Jun. 30 2022  -0.08       -0.08      -0.06     Beat    28​
 Mar. 31 2022  -0.09       -0.09      -0.08     Beat    11.1
 Dec. 31 2021  -0.07       -0.07      -0.04     Beat    40
 This summary was machine generated February 27 at 00:42 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)