Theratechnologies Inc (TSX:TH, Financial) is set to release its Q3 2024 earnings on October 10, 2024. The consensus estimate for Q3 2024 revenue is $32.76 million, and the earnings are expected to come in at $0.04 per share. The full year 2024's revenue is expected to be $114.82 million, and the earnings are expected to be -$0.06 per share. More detailed estimate data can be found on the Forecast page.
Theratechnologies Inc (TSX:TH, Financial) Estimate Trends
Over the past 90 days, revenue estimates for Theratechnologies Inc (TSX:TH) for the full year 2024 have declined from $120.07 million to $114.82 million, and for 2025, from $135.36 million to $132.16 million. Earnings estimates for the full year 2024 have also declined from -$0.01 per share to -$0.06 per share, while the estimate for 2025 has remained steady at $0.18 per share.
Theratechnologies Inc (TSX:TH, Financial) Reported History
In the previous quarter of May 31, 2024, Theratechnologies Inc's (TSX:TH) actual revenue was $30.08 million, which beat analysts' revenue expectations of $29.657 million by 1.43%. Theratechnologies Inc's (TSX:TH) actual earnings were $0.01 per share, which beat analysts' earnings expectations of -$0.006 per share by 216.67%. After releasing the results, Theratechnologies Inc (TSX:TH) was down by -4.29% in one day.
Theratechnologies Inc (TSX:TH, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 1 analyst, the average target price for Theratechnologies Inc (TSX:TH) is $8.11 with a high estimate of $8.11 and a low estimate of $8.11. The average target implies an upside of 397.33% from the current price of $1.63.
Based on GuruFocus estimates, the estimated GF Value for Theratechnologies Inc (TSX:TH, Financial) in one year is $3.24, suggesting an upside of 98.77% from the current price of $1.63.
Based on the consensus recommendation from 2 brokerage firms, Theratechnologies Inc's (TSX:TH, Financial) average brokerage recommendation is currently 2.5, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
