Organon & Co expected to post earnings of 93 cents a share - Earnings Preview

Reuters05-01

* Organon & Co is expected to show a rise in quarterly revenue when it reports results on May 2 for the period ending March 31 2024

* The Jersey City New Jersey-based company is expected to report a 1.6% increase in revenue to $1.563 billion from $1.54 billion a year ago, according to the mean estimate from 5 analysts, based on LSEG data.

* ​LSEG's mean analyst estimate for Organon & Co is for earnings of 93 cents per share.

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 5 "hold" and 1 "sell" or "strong sell."

* The mean earnings estimate of analysts had risen by about 0.3% in the last three months. ​

* Wall Street's median 12-month price target for Organon & Co is $21.00​, above​ its last closing price of $18.90. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Dec. 31 2023 0.81 0.83 0.88 Beat 6

Sep. 30 2023 1.05 1.06 0.87 Missed -17.7

Jun. 30 2023 0.98 1.01 1.31 Beat 30.1​

Mar. 31 2023 1.17 1.16 1.08 Missed -6.9

​​Dec. 0.92 0.90 0.81 Missed -9.8

31 2022

Sep. 30 2022 1.13 1.09 1.32 Beat 20.7​

Jun. 30 2022 1.16 1.16 1.25 Beat 8.1

Mar. 31 2022 1.30 1.30 1.65 Beat 27.1

This summary was machine generated April 30 at 16:52 GMT. 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)

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