Sol Gel Technologies Ltd reports results for the quarter ended in March - Earnings Summary

SOL-GEL TECHNOLOGIES

12/05/2023 13:21

* Sol Gel Technologies Ltd  SLGL.OQ  reported a quarterly
adjusted
loss of 41 cents​​ per share for the quarter ended in March. The
mean expectation of three analysts for the quarter was for a
loss of 21 cents per share.
    * Revenue rose 25,166.7% to $758.00 thousand from a year
ago;
analysts expected $475.00 thousand. 
    * Sol Gel Technologies Ltd's reported EPS for the quarter
was a
loss of 41 cents​.
    * The mean earnings estimate of analysts had fallen by
about 53.6%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Sol Gel Technologies Ltd shares had fallen by 14.9% this
quarter and lost 27.6% so far this year.
    * The company reported a quarterly loss of $10.26 million.
    * Wall Street's median 12-month price target for Sol Gel
Technologies Ltd is $10.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
12 at 12:21 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.21          -0.41          Missed
 Dec. 31 2022      -0.12          -0.25          Missed
 Sep. 30 2022      -0.07          -0.15          Missed
 Jun. 30 2022      -0.10          -0.01          Beat