Amneal Pharmaceuticals Inc (AMRX, Financial) is set to release its Q3 2024 earnings on Nov 8, 2024. The consensus estimate for Q3 2024 revenue is $696.80 million, and the earnings are expected to come in at $0.03 per share. The full year 2024's revenue is expected to be $2.76 billion and the earnings are expected to be $-0.20 per share. More detailed estimate data can be found on the Forecast page.
Amneal Pharmaceuticals Inc (AMRX, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Amneal Pharmaceuticals Inc (AMRX) for the full year 2024 have increased from $2.65 billion to $2.76 billion and for 2025 from $2.73 billion to $2.85 billion. During the same period, earnings estimates have remained flat at $-0.20 per share for the full year 2024 and have increased from $0.23 per share to $0.46 per share for 2025.
Amneal Pharmaceuticals Inc (AMRX, Financial) Reported History
In the previous quarter of June 30, 2024, Amneal Pharmaceuticals Inc's (AMRX) actual revenue was $701.78 million, which beat analysts' revenue expectations of $658.14 million by 6.63%. Amneal Pharmaceuticals Inc's (AMRX) actual earnings were $-0.30 per share, which missed analysts' earnings expectations of $0.045 per share by -766.67%. After releasing the results, Amneal Pharmaceuticals Inc (AMRX) was down by -1.54% in one day.
Amneal Pharmaceuticals Inc (AMRX, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 4 analysts, the average target price for Amneal Pharmaceuticals Inc (AMRX) is $9.50 with a high estimate of $12 and a low estimate of $7. The average target implies an upside of 11.76% from the current price of $8.50.
Based on GuruFocus estimates, the estimated GF Value for Amneal Pharmaceuticals Inc (AMRX, Financial) in one year is $2.48, suggesting a downside of -70.82% from the current price of $8.50.
Based on the consensus recommendation from 5 brokerage firms, Amneal Pharmaceuticals Inc's (AMRX, Financial) average brokerage recommendation is currently 2.0, 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.
