Acacia Research Corp expected to post earnings of 1 cent a share - Earnings Preview

Reuters11-09

* Acacia Research Corp is expected to show a rise in quarterly revenue when it reports results on November 12 for the period ending September 30 2024

* The New York City-based company is expected to report a 170.2% increase in revenue to $27.25 million from $10.08 million a year ago, according to the estimate from one analyst, based on LSEG data.

* LSEG's mean analyst estimate for Acacia Research Corp is for earnings of 1 cent per share.

* The one available analyst rating on the shares is "buy".

* The mean earnings estimate of analysts was unchanged in the last three months.

* Wall Street's median 12-month price target for Acacia Research Corp is 7.00, above its last closing price of $4.68.

This summary was machine generated November 8 at 16:39 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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