Theratechnologies Inc reports results for the quarter ended in November - Earnings Summary

Theratechnologies

23/02/2024 03:27

* Theratechnologies Inc  TH.TO  reported a quarterly
adjusted loss
of 8 cents​​ per share for the quarter ended in November, higher
than the same quarter last year, when the company reported EPS
of -36 cents.  The mean expectation of four analysts for the
quarter was for a loss of 24 cents per share. Wall Street
expected results to range from -79 cents to -3 cents per share.
    * Revenue rose 9.5% to $23.45 million from a year ago;
analysts
expected $23.36 million. 
    * Theratechnologies Inc's reported EPS for the quarter was a
loss
of 8 cents​.
    * The company reported a quarterly loss of $2.76 million.
    * Theratechnologies Inc shares had risen by 7.0% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 6.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the
pharmaceuticals
peer group is also "buy"

Wall Street's median 12-month price target for Theratechnologies
Inc is C$6.41 
This summary was machine generated from LSEG data February 23 at
03:26 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Nov. 30 2023      -0.24          -0.08          Beat
 Aug. 31 2023      -0.29          -0.03          Beat
 May. 31 2023      -0.25          -0.40          Missed
 Feb. 28 2023      -0.38          -0.44          Missed