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.
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