Oramed Pharmaceuticals Inc reports results for the quarter ended in January - Earnings Summary

Reuters08-15

* Oramed Pharmaceuticals Inc reported quarterly adjusted earnings of 26 cents​​ per share for the quarter ended in January, higher than the same quarter last year, when the company reported EPS of -3 cents. The mean expectation of two analysts for the quarter was for earnings of one cent per share. Wall Street expected results to range from -2 cents to 4 cents per share.

* Reported revenue was zero​; analysts expected $250.00 thousand.

* Oramed Pharmaceuticals Inc's reported EPS for the quarter was 26 cents​.

* The company reported quarterly net income of $10.75 million.

* Oramed Pharmaceuticals Inc shares had fallen by 12.8% this quarter and lost 3.0% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts had risen by about 150% in the last three months.​

* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

* The average consensus recommendation for the biotechnology & medical research peer group is also "hold"

Wall Street's median 12-month price target for Oramed Pharmaceuticals Inc is $3.25 This summary was machine generated from LSEG data August 15 at 06:51 a.m. UTC. ​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) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Jun. 30 2024 0.01 0.26 Beat

Mar. 31 2024 0.02 0.04 Beat

Dec. 31 2023 -0.12 0.33 Beat

Sep. 30 2023 -0.08 -0.08 Met

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