Accuray Inc expected to post a loss of 5 cents a share - Earnings Preview

Accuray

29/01/2024 21:41

* Accuray Inc  ARAY.OQ   ARAY.O  is expected to show a fall
in
quarterly revenue when it reports  results on January 31 for the
period ending December 31 2023
    * The Madison Wisconsin-based  company is expected to report
a
7.0% decrease in revenue to $106.67 million from $114.76 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Accuray Inc is for a
loss of 5
cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 3 "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
$7.00​, above​ its last closing price of $2.75. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.04       -0.05      -0.03     Beat    40
 Jun. 30 2023  0.01        0.01       -0.03     Missed  -400
 Mar. 31 2023  -0.01       -0.01      0.01      Beat    185.7​
 Dec. 31 2022  -0.03       -0.03      -0.02     Beat    25
 ​​Sep.        -0.02       -0.02      -0.06     Missed  -172.7
 30 2022                                                
 Jun. 30 2022  -0.06       -0.06      -0.04     Beat    33.5​
 Mar. 31 2022  -0.06       -0.04      -0.01     Beat    75
 Dec. 31 2021  0.02        0.00       0.00      Met     -100
 This summary was machine generated January 29 at 21:41 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)