We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Ahead of Organon (OGN) Q3 Earnings: Get Ready With Wall Street Estimates for Key Metrics
Read MoreHide Full Article
The upcoming report from Organon (OGN - Free Report) is expected to reveal quarterly earnings of $0.85 per share, indicating a decline of 2.3% compared to the year-ago period. Analysts forecast revenues of $1.56 billion, representing an increase of 2.7% year over year.
The current level reflects an upward revision of 1.1% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
That said, let's delve into the average estimates of some Organon metrics that Wall Street analysts commonly model and monitor.
The consensus estimate for 'Revenue- Women's Health- Nexplanon/Implanon NXT' stands at $238.19 million. The estimate indicates a year-over-year change of +8.3%.
The collective assessment of analysts points to an estimated 'Revenue- Women's Health- Follistim AQ' of $66.32 million. The estimate points to a change of +22.8% from the year-ago quarter.
The combined assessment of analysts suggests that 'Revenue- Biosimilars Total' will likely reach $168.58 million. The estimate points to a change of +18.7% from the year-ago quarter.
Analysts' assessment points toward 'Revenue- Women?s Health Total' reaching $452.30 million. The estimate indicates a change of +8.2% from the prior-year quarter.
The average prediction of analysts places 'Revenue- Women's Health- U.S.- Nexplanon/Implanon NXT' at $164.46 million. The estimate indicates a year-over-year change of +12.6%.
According to the collective judgment of analysts, 'Geographic Revenue- U.S.' should come in at $400.64 million. The estimate indicates a change of +8.3% from the prior-year quarter.
The consensus among analysts is that 'Revenue- Women's Health- U.S.- NuvaRing' will reach $10.08 million. The estimate indicates a year-over-year change of -44%.
Based on the collective assessment of analysts, 'Revenue- Women's Health- U.S.- Follistim AQ' should arrive at $25.52 million. The estimate indicates a year-over-year change of +16%.
It is projected by analysts that the 'Revenue- Established Brands- U.S.- Respiratory- Other' will reach $13.31 million. The estimate indicates a change of -21.7% from the prior-year quarter.
Analysts predict that the 'Revenue- Established Brands- Int'l- Non-Opioid Pain, Bone and Dermatology- Other' will reach $69.71 million. The estimate indicates a change of -0.4% from the prior-year quarter.
Analysts expect 'Revenue- Established Brands- Int'l- Non-Opioid Pain, Bone and Dermatology- Diprospan' to come in at $34.34 million. The estimate indicates a year-over-year change of +10.8%.
Analysts forecast 'Revenue- Established Brands- Int'l- Non-Opioid Pain, Bone and Dermatology- Fosamax' to reach $35.27 million. The estimate indicates a change of -11.8% from the prior-year quarter.
Over the past month, shares of Organon have returned -10.5% versus the Zacks S&P 500 composite's +2% change. Currently, OGN carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Ahead of Organon (OGN) Q3 Earnings: Get Ready With Wall Street Estimates for Key Metrics
The upcoming report from Organon (OGN - Free Report) is expected to reveal quarterly earnings of $0.85 per share, indicating a decline of 2.3% compared to the year-ago period. Analysts forecast revenues of $1.56 billion, representing an increase of 2.7% year over year.
The current level reflects an upward revision of 1.1% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
That said, let's delve into the average estimates of some Organon metrics that Wall Street analysts commonly model and monitor.
The consensus estimate for 'Revenue- Women's Health- Nexplanon/Implanon NXT' stands at $238.19 million. The estimate indicates a year-over-year change of +8.3%.
The collective assessment of analysts points to an estimated 'Revenue- Women's Health- Follistim AQ' of $66.32 million. The estimate points to a change of +22.8% from the year-ago quarter.
The combined assessment of analysts suggests that 'Revenue- Biosimilars Total' will likely reach $168.58 million. The estimate points to a change of +18.7% from the year-ago quarter.
Analysts' assessment points toward 'Revenue- Women?s Health Total' reaching $452.30 million. The estimate indicates a change of +8.2% from the prior-year quarter.
The average prediction of analysts places 'Revenue- Women's Health- U.S.- Nexplanon/Implanon NXT' at $164.46 million. The estimate indicates a year-over-year change of +12.6%.
According to the collective judgment of analysts, 'Geographic Revenue- U.S.' should come in at $400.64 million. The estimate indicates a change of +8.3% from the prior-year quarter.
The consensus among analysts is that 'Revenue- Women's Health- U.S.- NuvaRing' will reach $10.08 million. The estimate indicates a year-over-year change of -44%.
Based on the collective assessment of analysts, 'Revenue- Women's Health- U.S.- Follistim AQ' should arrive at $25.52 million. The estimate indicates a year-over-year change of +16%.
It is projected by analysts that the 'Revenue- Established Brands- U.S.- Respiratory- Other' will reach $13.31 million. The estimate indicates a change of -21.7% from the prior-year quarter.
Analysts predict that the 'Revenue- Established Brands- Int'l- Non-Opioid Pain, Bone and Dermatology- Other' will reach $69.71 million. The estimate indicates a change of -0.4% from the prior-year quarter.
Analysts expect 'Revenue- Established Brands- Int'l- Non-Opioid Pain, Bone and Dermatology- Diprospan' to come in at $34.34 million. The estimate indicates a year-over-year change of +10.8%.
Analysts forecast 'Revenue- Established Brands- Int'l- Non-Opioid Pain, Bone and Dermatology- Fosamax' to reach $35.27 million. The estimate indicates a change of -11.8% from the prior-year quarter.
View all Key Company Metrics for Organon here>>>
Over the past month, shares of Organon have returned -10.5% versus the Zacks S&P 500 composite's +2% change. Currently, OGN carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>