Societal CDMO Inc expected to post a loss of 3 cents a share - Earnings Preview

Societal CDMO

08/08/2023 03:01

* Societal CDMO Inc  SCTL.OQ   SCTL.O  is expected to show a
fall
in quarterly revenue when it reports  results on August 9. 
    * The Exton Pennsylvania-based  company is expected to
report  a
5.2% decrease in revenue to $21.945 million from $23.15 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Societal CDMO Inc
is for
a loss of 3 cents 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 $2.25​, above​ its last closing price of $0.87. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.05       -0.05      -0.06     Missed  -20
 Dec. 31 2023  -0.09       -0.07      -0.07     Met     3.4
 Sep. 30 2022  -0.06       -0.06      -0.06     Met     4​
 Jun. 30 2022  -0.08       -0.08      -0.06     Beat    28
 ​​Mar.        -0.09       -0.09      -0.08     Beat    11.1
 31 2022                                                
 Dec. 31 2021  -0.07       -0.07      -0.04     Beat    40​
 Sep. 30 2021  -0.07       -0.07      -0.07     Met     4.5
 Jun. 30 2021  -0.11       -0.11      0.03      Beat    127.3
 This summary was machine generated August 8 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated