SWK Holdings Corp reports results for the quarter ended in September - Earnings Summary

Published on November 09, 2022 04:26 PM PST

SWK Holdings Corp reports results for the quarter ended in September - Earnings Summary — Image source: ©2022 Kalkine Media®

* SWK Holdings Corp reported quarterly adjusted earnings of 65 cents per share for the quarter ended in September. The mean expectation of two analysts for the quarter was for earnings of 15 cents per share. * Revenue rose 42.4% to $13.61 million from a year ago; analysts expected $7.40 million. * SWK Holdings Corp's reported EPS for the quarter was 51 cents. * The mean earnings estimate of analysts had fallen by about 76.4% in the last three months. * In the last 30 days there have been no negative revisions of earnings estimates * SWK Holdings Corp shares had risen by 11.4% this quarter and lost 3.5% so far this year. * The company reported quarterly net income of $6.62 million. * Wall Street's median 12-month price target for SWK Holdings Corp is $24.50 * The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." This summary was machine generated from Refinitiv data November 10 at 12:26 a.m. All figures in US dollars unless otherwise stated. QUARTER ENDING ESTIMATE ACTUAL BEAT, MET, MISSED Sep. 30 2022 0.15 0.65 Beat Jun. 30 2022 0.28 0.17 Missed Mar. 31 2022 0.26 0.33 Beat Dec. 31 2021 0.26 0.74 Beat

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