Accuray Inc expected to post earnings of 1 cent a share - Earnings Preview

Accuray

08/08/2023 03:03

* Accuray Inc  ARAY.OQ   ARAY.O  is expected to show a rise
in
quarterly revenue when it reports  results on August 9. 
    * The Sunnyvale Wisconsin-based  company is expected to
report  a
10.7% increase in revenue to $121.745 million from $110.02
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Accuray Inc is for
earnings of 1 cent per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "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 $4.20. ​​​

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 2023  -0.01       -0.01      0.01      Beat    185.7
 Dec. 31 2023  -0.03       -0.03      -0.02     Beat    25
 Sep. 30 2022  -0.02       -0.02      -0.06     Missed  -172.7
                                                        ​
 Jun. 30 2022  -0.06       -0.06      -0.04     Beat    33.5
 ​​Mar.        -0.06       -0.04      -0.01     Beat    75
 31 2022                                                
 Dec. 31 2021  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
 This summary was machine generated August 8 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated