Sol Gel Technologies Ltd expected to post a loss of 20 cents a share - Earnings Preview

SOL-GEL TECHNOLOGIES

06/08/2024 19:36

* Sol Gel Technologies Ltd  SLGL.OQ   SLGL.O  is expected
to show
a rise in quarterly revenue when it reports  results on August 8
(estimated) for the period ending June 30 2024
    * The Ness Ziona Israel-based   company is expected to
report a
77.4% increase in revenue to $1.054 million from $594 thousand a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Sol Gel Technologies Ltd
is
for a loss of 20 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 $6.00​, above​ its last closing price
of $0.38. ​​​

This summary was machine generated August 6 at 18:35 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)