* OraSure Technologies Inc is expected to show a fall in quarterly revenue when it reports results on May 8 for the period ending March 31 2024
* The Bethlehem Pennsylvania-based company is expected to report a 66.4% decrease in revenue to $52.102 million from $154.96 million a year ago, according to the mean estimate from 6 analysts, based on LSEG data.The company's guidance on February 27 2024, for the period ended March 31, was for revenue between $50.00 million and $54.00 million.
* LSEG's mean analyst estimate for OraSure Technologies Inc is for earnings of 1 cent per share.
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in the last three months.
* Wall Street's median 12-month price target for OraSure Technologies Inc is $7.63, above its last closing price of $5.50.
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 0.09 0.09 0.27 Beat 217.6
Sep. 30 2023 0.05 0.04 0.15 Beat 275
Jun. 30 2023 -0.10 -0.08 0.09 Beat 217.4
Mar. 31 2023 0.16 0.14 0.37 Beat 170.7
Dec. -0.02 -0.01 0.21 Beat 2,200
31 2022
Sep. 30 2022 -0.03 -0.04 0.07 Beat 275
Jun. 30 2022 -0.14 -0.13 -0.26 Missed -95.8
Mar. 31 2022 -0.06 -0.09 -0.28 Missed -216.4
This summary was machine generated May 6 at 23:52 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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