Societal CDMO Inc expected to post a loss of 9  cents a share - Earnings Preview

Societal CDMO

03/05/2022 03:09

* Societal CDMO Inc  SCTL.OQ   SCTL.O  is expected to show a
rise
in quarterly revenue when it reports  results on May 4
(estimated). 
    * The Exton Pennsylvania-based  company is expected to
report  a
15.6% increase in revenue to $19.418 million from $16.8 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 9 cents per share. For the same quarter last year, the
company reported a loss of 23 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 $5​, above​ its last closing price of $1.34. ​​​
    * 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 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​
 Mar. 31 2021  -0.25       -0.25      -0.23     Beat    9.8
 ​​Dec.        -0.25       -0.22      -0.48     Missed  -118.2
 31 2020                                                
 Sep. 30 2020  -0.21       -0.20      -0.09     Beat    56.1​
 Jun. 30 2020  -0.17       -0.16      -0.25     Missed  -56.2
 Mar. 31 2020  -0.02       -0.03      -0.33     Missed  -890.1
 This summary was machine generated May 3 at 02:09 GMT.  All
figures in US dollars  unless otherwise stated