Assertio Holdings (ASRT) is set to announce Q1 earnings on May 12th, with analysts predicting a 13.7% decrease in revenue to $27.52 million. Historically, the company has exceeded EPS and revenue expectations. Wall Street remains optimistic with a "Outperform" recommendation and an average price target of $2.81, representing a 361.07% upside from the current stock price.
Assertio Holdings Inc (ASRT) is set to announce its Q1 2025 earnings on May 12, 2025, with analysts predicting a 13.7% decrease in revenue to $27.52 million. Historically, the company has exceeded earnings per share (EPS) and revenue expectations. Wall Street remains optimistic with a "Outperform" recommendation and an average price target of $2.81, representing a 361.07% upside from the current stock price [1].
Over the past 90 days, revenue estimates for ASRT have declined from $123.69 million to $115.25 million for the full year 2025, and from $138.28 million to $128.16 million for 2026. Similarly, earnings estimates have decreased from -$0.08 per share to -$0.18 per share for 2025, and from $0.15 per share to -$0.04 per share for 2026 [1].
In the previous quarter ending on December 31, 2024, ASRT's actual revenue was $32.18 million, which beat analysts' revenue expectations of $28.67 million by 12.23%. However, the company's actual earnings were -$0.11 per share, which missed analysts' earnings expectations of -$0.045 per share by -144.44%. After releasing the results, ASRT was down by -7.46% in one day [1].
Assertio Holdings Inc's average target price for one year is $2.81, with a high estimate of $3.50 and a low estimate of $1.75. The average target implies an upside of 339.87% from the current price of $0.64. Based on GuruFocus estimates, the estimated GF Value for ASRT in one year is $1.12, suggesting an upside of 75.16% from the current price of $0.64 [1].
The company has scheduled a live webcast conference call at 4:30 p.m. Eastern Time on May 12, 2025, to discuss Q1 2025 results and provide updates on the company's 2025 strategic plans. Investors can access the webcast through ASRT's investor relations website or dial +1-646-307-1963 using call ID 3278948 [2].
References:
[1] https://www.gurufocus.com/news/2849493/assertio-holdings-inc-asrt-q1-2025-earnings-report-preview-what-to-expect
[2] https://www.stocktitan.net/news/ASRT/
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