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

SWK Holdings

10/08/2022 22:03

* SWK Holdings Corp  SWKH.OQ  reported quarterly adjusted
earnings
of 17 cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for earnings of
28 cents per share.
    * Revenue fell 68.8% to $6.94 million from a year ago;
analysts
expected $8.70 million. 
    * SWK Holdings Corp's reported EPS for the quarter was 4
cents​.
    * The mean earnings estimate of analysts had fallen by
about 54.1%
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 risen by 4.9% this
quarter and
lost 6.6% so far this year.
    * The company reported quarterly net income of $565
thousand.
    * Wall Street's median 12-month price target for SWK
Holdings Corp
is $24.50 
    * 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 Refinitiv data August 10
at 09:03 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.28           0.17           Missed
 Mar. 31 2022      0.26           0.33           Beat
 Dec. 31 2021      0.26           0.74           Beat
 Sep. 30 2021      0.47           0.33           Missed