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

Societal CDMO

10/05/2023 22:41

* Societal CDMO Inc  SCTL.OQ  reported a quarterly adjusted
loss
of 6 cents​​ per share for the quarter ended in March. The mean
expectation of five analysts for the quarter was for a loss of 5
cents per share.
    * Revenue rose 1.6% to $21.53 million from a year ago;
analysts
expected $20.03 million. 
    * Societal CDMO Inc's reported EPS for the quarter was a
loss of 6
cents​.
    * The mean earnings estimate of analysts was unchanged 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 41.2% this
quarter and
lost 53.0% so far this year.
    * The company reported a quarterly loss of $4.68 million.
    * Wall Street's median 12-month price target for Societal
CDMO Inc
is $3.28 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
10 at 09:41 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.05          -0.06          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