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

Societal CDMO

10/08/2022 22:42

* Societal CDMO Inc  SCTL.OQ  reported a quarterly adjusted
loss
of 6 cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for a loss
of 8 cents per share.
    * Revenue rose 28.8% to $23.20 million from a year ago;
analysts
expected $20.32 million. 
    * Societal CDMO Inc's reported EPS for the quarter was a
loss of 6
cents​.
    * The mean earnings estimate of analysts had fallen by
about 127.2% in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Societal CDMO Inc shares had risen by 40.9% this
quarter and
lost 34.5% so far this year.
    * The company reported a quarterly loss of $3.1 million.
    * Wall Street's median 12-month price target for Societal
CDMO Inc
is $4.13 
    * 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 August 10
at 09:42 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.08          -0.06          Beat
 Mar. 31 2022      -0.09          -0.08          Beat
 Dec. 31 2021      -0.07          -0.04          Beat
 Sep. 30 2021      -0.07          -0.07          Met