Taro Pharmaceutical Industries Ltd expected to post earnings of 84 cents a share - Earnings Preview

Taro Pharmaceutical Industries

24/07/2021 24:50

* Taro Pharmaceutical Industries Ltd  TARO.N   TARO.K  is
expected to show a rise in quarterly revenue when it reports
results on July 27. 
* The Haifa, Israel-based company is expected to report   a
16.7% increase in revenue to $137.229 million from $117.63
million a year ago, according to the estimate from one analyst,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Taro Pharmaceutical
Industries Ltd is for earnings of 84 cents per share. For the
same quarter last year, the company reported a loss of $11.37
per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Taro
Pharmaceutical Industries Ltd is $80​, about 12% above​ its last
closing price of $70.44. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.92        0.92       -0.78     Missed  -184.8
 Dec. 31 2020  1.01        1.01       0.86      Missed  -14.9
 Sep. 30 2020  0.77        0.77       1.18      Beat    53.2​
 Jun. 30 2020  1.16        1.16       -11.37    Missed  -1,080
                                                        .2
 Mar.          1.53​       1.53       1.42      Missed  -7.2​
 31​ 2020​                                              
 Dec. 31 2019  1.54        1.54       1.76      Beat    14.3​
 Sep. 30 2019  1.72        1.72       1.46      Missed  -15.1
 Jun. 30 2019  1.96        1.96       1.72      Missed  -12.2
 This summary was machine generated July 23 at 23:50 GMT.  All
figures in US dollars unless otherwise stated