Sol Gel Technologies Ltd expected to post a loss of 7 cents a share - Earnings Preview

SOL-GEL TECHNOLOGIES

07/11/2022 15:50

* Sol Gel Technologies Ltd  SLGL.OQ   SLGL.O  is expected
to show
a fall in quarterly revenue when it reports  results on November
9 (estimated). 
    * The Ness Ziona Israel-based   company is expected to
report  a
61.3% decrease in revenue to $3.424 million from $8.84 million a
year ago, according to the mean estimate from 3 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Sol Gel
Technologies Ltd
is for a loss of 7 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"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 $16​, above​ its last closing price
of $4.89. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  -0.10       -0.10      -0.01     Beat    89.7
 Mar. 31 2022  -0.29       -0.29      -0.24     Beat    16.5
 Dec. 31 2021              0.41       0.61      Beat    50.6​
 Sep. 30 2021  -0.10       -0.07      0.05      Beat    166.7
 ​​Jun.        -0.21       -0.21      -0.35     Missed  -62.8
 30 2021                                                
 Mar. 31 2021  -0.47       -0.45      -0.18     Beat    59.8​
 Dec. 31 2020  -0.41       -0.41      -0.28     Beat    32.5
 Sep. 30 2020  -0.46       -0.46      -0.37     Beat    19.6
 This summary was machine generated November 7 at 15:50 GMT.  All
figures in US dollars  unless otherwise stated