Societal CDMO Inc expected to post a loss of 8  cents a share - Earnings Preview

Societal CDMO

08/08/2022 23:00

* Societal CDMO Inc  SCTL.OQ   SCTL.O  is expected to show a
rise
in quarterly revenue when it reports  results on August 10. 
    * The Exton Pennsylvania-based  company is expected to
report  a
12.8% increase in revenue to $20.324 million from $18.02 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Societal CDMO Inc
is for
a loss of 8 cents per share. For the same quarter last year, the
company reported earnings of 3 cents per share.
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 3 "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 $4.13​, above​ its last closing price of $1.19. ​​​
    * 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 2022  -0.09       -0.09      -0.08     Beat    11.1
 Dec. 31 2022  -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
 ​​Mar.        -0.25       -0.25      -0.23     Beat    9.8
 31 2021                                                
 Dec. 31 2020  -0.25       -0.22      -0.48     Missed  -118.2
                                                        ​
 Sep. 30 2020  -0.21       -0.20      -0.09     Beat    56.1
 Jun. 30 2020  -0.17       -0.16      -0.25     Missed  -56.2
 This summary was machine generated August 8 at 22:00 GMT.  All
figures in US dollars  unless otherwise stated