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

Societal CDMO

12/05/2022 18:22

* Societal CDMO Inc  SCTL.OQ  reported a quarterly adjusted
loss
of 8 cents​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for a loss
of 9 cents per share.
    * Revenue rose 26.1% to $21.19 million from a year ago; 
analysts
expected $19.42 million. 
    * Societal CDMO Inc's reported EPS for the quarter was a
loss of 8
cents​.
    * The mean earnings estimate of analysts had fallen by
about 12.5%
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 fallen by 31.7% this
quarter and
lost 28.1% so far this year.
    * The company reported a quarterly loss of $4.26 million.
    * Wall Street's median 12-month price target for Societal
CDMO Inc
is $4.50 
    * 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 May 12 at 05:21 p.m.  ​All
figures in US dollars unless otherwise stated