Sol Gel Technologies Ltd expected to post a loss of 25 cents a share - Earnings Preview

SOL-GEL TECHNOLOGIES

31/07/2023 19:33

* Sol Gel Technologies Ltd  SLGL.OQ   SLGL.O  is expected
to show
a fall in quarterly revenue when it reports  results on August 2
(estimated). 
    * The Ness Ziona Israel-based   company is expected to
report  a
55.8% decrease in revenue to $1.554 million from $3.52 million a
year ago, according to the mean estimate from 2 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Sol Gel
Technologies Ltd
is for a loss of 25 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 $9​, above​ its last closing price of $3.65.
​​​

This summary was machine generated July 31 at 18:33 GMT.  All
figures in US dollars  unless otherwise stated