Acutus Medical Inc expected to post a loss of 83  cents a share - Earnings Preview

Acutus Medical

28/03/2022 21:22

* Acutus Medical Inc  AFIB.OQ   AFIB.O  is expected to show
a rise
in quarterly revenue when it reports  results on March 30. 
    * The Carlsbad California-based  company is expected to
report  a
63.8% increase in revenue to $4.215 million from $2.57 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 83 cents per share. For the same quarter last year,
the company reported a loss of $1.05 per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"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 $5​, above​ its last closing price of $1.79. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  -0.85       -0.81      -1.04     Missed  -28.1​
 Dec. 31 2020  -0.74       -0.72      -1.05     Missed  -45.4
 ​​Sep.        -1.06       -0.99      -1.95     Missed  -96.6
 30 2020                                                
 Jun. 30 2020  -1.03       -1.03      -32.24    Missed  -3,030
                                                        .1​
 This summary was machine generated March 28 at 20:22 GMT.  All
figures in US dollars  unless otherwise stated