Acutus Medical Inc expected to post a loss of 80  cents a share - Earnings Preview

Acutus Medical

10/08/2022 03:02

* Acutus Medical Inc  AFIB.OQ   AFIB.O  is expected to show
a fall
in quarterly revenue when it reports  results on August 11. 
    * The Carlsbad California-based  company is expected to
report  a
18.5% decrease in revenue to $3.837 million from $4.71 million a
year ago, according to the mean estimate from 6 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Acutus Medical Inc
is for
a loss of 80 cents per share. For the same quarter last year,
the company reported a loss of $1.02 per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and 1 "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 Acutus
Medical
Inc is $1.25​, below​ its last closing price of $1.51. ​​​
    * 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  -0.94       -0.92      -1.00     Missed  -8.3
 Dec. 31 2022  -0.95       -0.83      -1.12     Missed  -34.1
 Sep. 30 2021  -0.85       -0.87      -0.94     Missed  -8.5​
 Jun. 30 2021  -0.92       -0.84      -1.02     Missed  -21.7
 ​​Mar.        -0.85       -0.81      -1.04     Missed  -28.1
 31 2021                                                
 Dec. 31 2020  -0.74       -0.72      -1.05     Missed  -45.4​
 Sep. 30 2020  -1.06       -0.99      -1.95     Missed  -96.6
 Jun. 30 2020  -1.03       -1.03      -32.24    Missed  -3,030
                                                        .1
 This summary was machine generated August 10 at 02:02 GMT.  All
figures in US dollars  unless otherwise stated