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Stock impact report

Newsflash: Oramed Pharmaceuticals Inc. (NASDAQ:ORMP) Analysts Have Been Trimming Their Revenue Forecasts [Yahoo! Finance News]

Oramed Pharmaceuticals Inc. (ORMP) 
Last oramed pharmaceuticals inc. earnings: 4/6 04:46 pm Check Earnings Report
US:NASDAQ Investor Relations: oramed.com/investors
Today is shaping up negative forOramed Pharmaceuticals Inc.NASDAQ:ORMPFollowing the latest downgrade, the three analysts covering Oramed Pharmaceuticals provided consensus estimates of US$2.1m revenue in 2020, which would reflect a concerning 24% decline on its sales over the past 12 months. Losses are expected to increase substantially, hitting US$0.80 per share. However, before this estimates update, the consensus had been expecting revenues of US$3.0m and US$0.79 per share in losses. So there's definitely been a change in sentiment in this update, with the analysts administering a substantial haircut to this year's revenue estimates, while at the same time holding losses per share steady.View our latest analysis for Oramed PharmaceuticalsCM:ORMP Past and Future Earnings June 9th 2020Of course, another way to look at these forecasts is to place them into context against the industry itself. These estimates imply that sales are expected to slow, with a forecast revenue decline of 24% Show less Read more
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