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

SWK Holdings

09/08/2023 23:14

* SWK Holdings Corp  SWKH.OQ  reported quarterly adjusted
earnings
of 31 cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for earnings of
38 cents per share.
    * Revenue rose 36.8% to $9.50 million from a year ago;
analysts
expected $8.70 million. 
    * SWK Holdings Corp's reported EPS for the quarter was 31
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 fallen by 6.2% this
quarter and
lost 11.0% so far this year.
    * The company reported quarterly net income of $3.93
million.
    * Wall Street's median 12-month price target for SWK
Holdings Corp
is $24.00 
    * 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
August 9 at 10:14 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.38           0.31           Missed
 Mar. 31 2023      0.35           0.36           Beat
 Dec. 31 2022      0.19           0.13           Missed
 Sep. 30 2022      0.15           0.65           Beat