Accuray Inc expected to post a loss of 4 cents a share - Earnings Preview

Accuray

02/11/2021 02:05

* Accuray Inc  ARAY.OQ   ARAY.O  is expected to show a rise in
quarterly revenue when it reports  results on November 3. 
* The Sunnyvale, California-based company is expected to report 
a 10.0% increase in revenue to $93.863 million from $85.33
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Accuray Inc is for a
loss of 4 cents per share. For the same quarter last year, the
company reported breakeven results per share.
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 4 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Accuray Inc is
$8.5​, about 37.2% above​ its last closing price of $5.34. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 302021   -0.02       -0.02      -0.01     Beat    54.5
 Mar. 312021   0.00        0.00       0.00      Met     100
 Dec. 312020   0.01        -0.02      0.05      Beat    397.6​
 Sep. 302020   -0.07       -0.07      0.00      Beat    100
 ​​Jun.        -0.05       -0.02      -0.01     Beat    58.3
 302020                                                 
 Mar. 312020   -0.06       -0.04      0.03      Beat    175​
 Dec. 312019   -0.07       -0.07      -0.01     Beat    85.1
 Sep. 302019   -0.10       -0.09      -0.11     Missed  -19.6
 This summary was machine generated November 2 at 02:05 GMT.  All
figures in US dollars unless otherwise stated