Syneos Health Inc reports results for the quarter ended in March - Earnings Summary

Syneos Health

10/05/2023 14:31

* Syneos Health Inc  SYNH.OQ  reported quarterly adjusted
earnings
of 75 cents​​ per share for the quarter ended in March. The mean
expectation of twelve analysts for the quarter was for earnings
of 66 cents per share.
    * Revenue rose 1.5% to $1.36 billion from a year ago;
analysts
expected $1.28 billion. 
    * Syneos Health Inc's reported EPS for the quarter was a
loss
of 70 cents​.
    * The mean earnings estimate of analysts had fallen by
about 22.4%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Syneos Health Inc shares had risen by 7.9% this
quarter and
gained 4.8% so far this year.
    * The company reported a quarterly loss of $72.15 million.
    * Wall Street's median 12-month price target for Syneos
Health Inc
is $40.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 8
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
10 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.66           0.75           Beat
 Dec. 31 2022      1.20           1.23           Beat
 Sep. 30 2022      1.32           1.23           Missed
 Jun. 30 2022      1.20           1.25           Beat