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

SOL-GEL TECHNOLOGIES

10/11/2022 09:58

* Sol Gel Technologies Ltd  SLGL.OQ  reported a quarterly
adjusted
loss of 15 cents​​ per share for the quarter ended in September.
The mean expectation of three analysts for the quarter was for a
loss of 7 cents per share.
    * Revenue fell 97% to $261.00 thousand from a year ago;
analysts
expected $3.42 million. 
    * Sol Gel Technologies Ltd's reported EPS for the quarter
was a
loss of 15 cents​.
    * The mean earnings estimate of analysts had risen by
about 35.2%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Sol Gel Technologies Ltd shares had fallen by 2.8% this
quarter and lost 34.1% so far this year.
    * The company reported a quarterly loss of $3.41 million.
    * Wall Street's median 12-month price target for Sol Gel
Technologies Ltd is $16.00 
    * 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 Refinitiv data November
10 at 09:58 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.07          -0.15          Missed
 Jun. 30 2022      -0.10          -0.01          Beat
 Mar. 31 2022      -0.29          -0.24          Beat
 Dec. 31 2021      0.41           0.61           Beat