* SWK Holdings Corp reported quarterly adjusted earnings of 33 cents per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 36 cents. The mean expectation of two analysts for the quarter was for earnings of 52 cents per share.
* Revenue rose 21% to $10.42 million from a year ago.
* SWK Holdings Corp's reported EPS for the quarter was 28 cents.
* The company reported quarterly net income of $3.47 million.
* SWK Holdings Corp shares had fallen by 6.0% this quarter and lost 7.2% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 40.5% 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 "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the corporate financial services peer group is also "buy"
Wall Street's median 12-month price target for SWK Holdings Corp is 24.00 This summary was machine generated from LSEG data November 15 at 02:07 p.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
Sep. 30 2024 0.52 0.33 Missed
Jun. 30 2024 0.36 0.35 Missed
Mar. 31 2024 0.00 0.07 Beat
Dec. 31 2023 0.31 0.23 Missed
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