SWK Holdings Corp <SWKH.O>: Profits of 65  cents announced for third quarter

November 09, 2022 04:26 PM PST | By Reuters
Follow us on Google News:

10 November 2022 12:26 a.m. ​All figures in US dollars. The profits announced by SWK Holdings Corp in the third quarter were higher than the Refinitiv mean estimate of profits. The company reported profits of 65 cents per share, 32 cents higher than the same quarter last year when the company reported EPS of 33 cents. Profits of 15 cents per share were anticipated by the two analysts providing estimates for the quarter. Wall Street expected results to range from 13 cents to 17 cents per share, with a forecasted mean of 15 cents per share. The company reported revenue of $13.61 million, which is higher than the estimated $7.4 million. RECOMMENDATIONS * The consensus recommendation for the company is "Buy". * The average consensus recommendation for the corporate financial services peer group is also "Buy". FORECAST CHANGES * Two analysts are currently providing Refinitiv with estimates. * In the last week there have been no earnings estimate revisions by analysts covering the company. There was no change to the number of estimates. YEAR OVER YEAR * The company reported an increase in revenue to $13.61 million from $9.56 million in the same quarter last year.​ * Previous quarterly performance (using earnings preferred measure) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET, MISSED Jun. 30 2022 0.28​ 0.17 Missed Mar. 31 2022 0.26 0.33 Beat Dec. 31 2021 0.26 0.74 Beat​ Sep. 30 2021 0.47 0.33 Missed This summary was machine generated from Refinitiv data November 10 at 12:26 a.m.


The above content is directly sourced from Reuters under a contractual arrangement. The content is being provided as a convenience and for informational purposes only; and does not constitute an endorsement or approval by Kalkine Media of any of the products, services, or opinions of the organization or individual. The user is apprised that Kalkine Media bears no responsibility for the accuracy, legality, or content of Reuters, any external sites, or for that of subsequent links. The user is requested to contact Reuters directly for answers to questions regarding the content. Please note that Kalkine Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Top Listed Companies