SWK Holdings Corp reports results for the quarter ended in December - Earnings Summary

SWK Holdings

03/04/2023 20:59

* SWK Holdings Corp  SWKH.OQ  reported quarterly adjusted
earnings
of 13 cents​​ per share for the quarter ended in December. The
mean expectation of two analysts for the quarter was
for earnings of 19 cents per share.
    * Revenue fell 34.5% to $9.80 million from a year ago;
analysts
expected $8.20 million. 
    * SWK Holdings Corp's reported EPS for the quarter was 22
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * SWK Holdings Corp shares had held steady so far this
quarter and
gained 1.2% so far this year.
    * The company reported quarterly net income of $2.83
million.
    * Wall Street's median 12-month price target for SWK
Holdings Corp
is $25.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
April 3 at 07:58 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.19           0.13           Missed
 Sep. 30 2022      0.15           0.65           Beat
 Jun. 30 2022      0.28           0.17           Missed
 Mar. 31 2022      0.26           0.33           Beat