Sol Gel Technologies Ltd expected to post a loss of 15 cents a share - Earnings Preview

SOL-GEL TECHNOLOGIES

08/05/2024 14:28

* Sol Gel Technologies Ltd  SLGL.OQ   SLGL.O  is expected
to show
a rise in quarterly revenue when it reports  results on May 10
(estimated) for the period ending March 31 2024
    * The Ness Ziona Israel-based   company is expected to
report a
71.5% increase in revenue to $1.3 million from $758 thousand a
year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Sol Gel Technologies Ltd
is
for a loss of 15 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "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 Sol Gel
Technologies Ltd is $8.00​, above​ its last closing price
of $0.75. ​​​

This summary was machine generated May 8 at 13:28 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)