Accuray Inc expected to post a loss of 6  cents a share - Earnings Preview

Accuray

09/08/2022 03:05

* Accuray Inc  ARAY.OQ   ARAY.O  is expected to show a fall
in
quarterly revenue when it reports  results on August 10. 
    * The Sunnyvale California-based  company is expected to
report  a
5.1% decrease in revenue to $105.32 million from $110.94 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Accuray Inc is for
a loss
of 6 cents per share. For the same quarter last year, the
company reported a loss of 1 cent per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "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
$7.5​, above​ its last closing price of $2.14. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  -0.06       -0.04      -0.01     Beat    75
 Dec. 31 2022  0.02        0.00       0.00      Met     -100
 Sep. 30 2021  -0.05       -0.04      -0.01     Beat    75​
 Jun. 30 2021  -0.02       -0.02      -0.01     Beat    54.5
 ​​Mar.        0.00        0.00       0.00      Met     100
 31 2021                                                
 Dec. 31 2020  0.01        -0.02      0.05      Beat    397.6​
 Sep. 30 2020  -0.07       -0.07      0.00      Beat    100
 Jun. 30 2020  -0.05       -0.02      -0.01     Beat    58.3
 This summary was machine generated August 9 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated