Societal CDMO Inc reports results for the quarter ended in December - Earnings Summary

Societal CDMO

01/03/2023 22:40

* Societal CDMO Inc  SCTL.OQ  reported a quarterly adjusted
loss
of 7 cents​​ per share for the quarter ended in December. The
mean expectation of four analysts for the quarter was for a loss
of 7 cents per share.
    * Revenue rose 8.9% to $24.28 million from a year ago;
analysts
expected $25.24 million. 
    * Societal CDMO Inc's reported EPS for the quarter was a
loss
of 15 cents​.
    * The mean earnings estimate of analysts had fallen by
about 93.3%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Societal CDMO Inc shares had fallen by 1.3% this quarter.
    * The company reported a quarterly loss of $9.17 million.
    * Wall Street's median 12-month price target for Societal
CDMO Inc
is $4.00 
    * 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." 

This summary was machine generated from Refinitiv data March 1
at 10:40 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.07          -0.07          Met
 Sep. 30 2022      -0.06          -0.06          Met
 Jun. 30 2022      -0.08          -0.06          Beat
 Mar. 31 2022      -0.09          -0.08          Beat