Trinity Biotech PLC expected to post earnings of 7  cents a share - Earnings Preview

Trinity Biotech

08/04/2022 12:03

* Trinity Biotech PLC  TRIB.OQ   TRIB.O  is expected to show
a
fall in quarterly revenue when it reports  results on April 11
(estimated). 
    * The Bray Wicklow-based  company is expected to report  a
26.8% decrease in revenue to $24 million from $32.77 million a
year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Trinity Biotech PLC
is
for earnings of 7 cents per share. For the same quarter last
year, the company reported earnings of 36 cents per share.
    * The one available analyst rating on the shares is "strong
buy".  
    * The average consensus recommendation for the medical
equipment,
supplies & distribution peer group is also "Strong Buy".​
    * Wall Street's median 12-month price target for Trinity
Biotech
PLC is $4​, above​ its last closing price of $1.00. ​​​

This summary was machine generated April 8 at 11:03 GMT.  All
figures in US dollars  unless otherwise stated