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

SWK Holdings

10/11/2022 24:26

* SWK Holdings Corp  SWKH.OQ  reported quarterly adjusted
earnings
of 65 cents​​ per share for the quarter ended in September. The
mean expectation of two analysts for the quarter was
for earnings of 15 cents per share.
    * Revenue rose 42.4% to $13.61 million from a year ago;
analysts
expected $7.40 million. 
    * SWK Holdings Corp's reported EPS for the quarter was 51
cents​.
    * The mean earnings estimate of analysts had fallen by
about 76.4%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * SWK Holdings Corp shares had risen by 11.4% this
quarter and
lost 3.5% so far this year.
    * The company reported quarterly net income of $6.62
million.
    * 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 November
10 at 12:26 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      0.26           0.74           Beat