Societal CDMO Inc expected to post a loss of 5 cents a share - Earnings Preview

Societal CDMO

08/05/2023 22:33

* Societal CDMO Inc  SCTL.OQ   SCTL.O  is expected to show a
fall
in quarterly revenue when it reports  results on May 10. 
    * The Exton Pennsylvania-based  company is expected to
report  a
5.5% decrease in revenue to $20.033 million from $21.19 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 5 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 had fallen by
about 93.3%
in the last three months. ​
    * Wall Street's median 12-month price target for Societal
CDMO Inc
is $3.28​, above​ its last closing price of $0.70. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  -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. 31 2022  -0.09       -0.09      -0.08     Beat    11.1
 ​​Dec.        -0.07       -0.07      -0.04     Beat    40
 31 2021                                                
 Sep. 30 2021  -0.07       -0.07      -0.07     Met     4.5​
 Jun. 30 2021  -0.11       -0.11      0.03      Beat    127.3
 Mar. 31 2021  -0.25       -0.25      -0.23     Beat    9.8
 This summary was machine generated May 8 at 21:33 GMT.  All
figures in US dollars  unless otherwise stated