For the quarter ended March 2024, OPKO Well being (OPK) reported income of $173.7 million, down 26.9% over the identical interval final yr. EPS got here in at -$0.12, in comparison with -$0.02 within the year-ago quarter.
The reported income represents a shock of -5.00% over the Zacks Consensus Estimate of $182.84 million. With the consensus EPS estimate being -$0.09, the EPS shock was -33.33%.
Whereas buyers carefully watch year-over-year modifications in headline numbers — income and earnings — and the way they examine to Wall Avenue expectations to find out their subsequent plan of action, some key metrics all the time present a greater perception into an organization’s underlying efficiency.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps buyers mission a inventory’s value efficiency extra precisely.
Right here is how OPKO Well being carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Avenue analysts:
- Revenues- Income from switch of mental property and different: $8.70 million in comparison with the $13.37 million common estimate based mostly on 5 analysts. The reported quantity represents a change of -86.6% yr over yr.
- Revenues- Income from merchandise: $38.10 million in comparison with the $40.66 million common estimate based mostly on 5 analysts. The reported quantity represents a change of -5.7% yr over yr.
- Revenues- Income from companies: $126.90 million in comparison with the $126.93 million common estimate based mostly on 5 analysts. The reported quantity represents a change of -4.2% yr over yr.
View all Key Company Metrics for OPKO Health here>>>
Shares of OPKO Well being have returned -5.7% over the previous month versus the Zacks S&P 500 composite’s -0.4% change. The inventory presently has a Zacks Rank #3 (Maintain), indicating that it might carry out consistent with the broader market within the close to time period.
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The views and opinions expressed herein are the views and opinions of the creator and don’t essentially mirror these of Nasdaq, Inc.
