- Tools for Investors
- Stock News
- Investing Ideas
- Econ & Policy
- Personal Finance
Forest Labs Earnings Preview Cheat Sheet
Wall St. Earnings Expectations: The average estimate of analysts is for net loss of 13 cents per share, a swing from profit of $1.04 in the year-earlier quarter. During the past three months, the average estimate has moved down from 14 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at a loss of 13 cents during the last month. Analysts are projecting profit to rise by 93.3% versus last year to 26 cents.
Last quarter, the company came in at net income of 15 cents per share against a mean estimate of 0 cents per share, beating estimates after missing them in the previous quarter. In the first quarter, it missed forecasts by 4 cents.
Earnings season is back and more important than ever. Get our newest CHEAT SHEET stock picks now
A Look Back: In the second quarter, profit fell 91.7% to $20.8 million (8 cents a share) from $249.8 million (91 cents a share) the year earlier, but exceeded analyst expectations. Revenue fell 34.7% to $760.6 million from $1.16 billion.
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
There's always a bull market in some sector! Find the best opportunities in commodities.