OPKO Health Inc reports results for the quarter ended in September 30 - Earnings Summary

• OPKO Health Inc OPK.OQ reported a quarterly adjusted loss of 3 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -11 cents. The mean expectation of six analysts for the quarter was for a loss of 9 cents per share. Wall Street expected results to range from -11 cents to -7 cents per share.

• Revenue fell 32.1% to $121.27 million from a year ago; analysts expected $181.53 million.

• OPKO Health Inc's reported EPS for the quarter was 2 cents​.

• The company reported quarterly net income of $24.89 million.

• OPKO Health Inc shares had fallen by 1.3% this quarter and lost 2.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged 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 "strong buy" and the breakdown of recommendations is 6 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the healthcare facilities & services peer group is "buy."

Wall Street's median 12-month price target for OPKO Health Inc is $3.00

This summary was machine generated from LSEG data November 8 at 05:01 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)