Acutus Medical Inc expected to post a loss of 84 cents a share - Earnings Preview

Acutus Medical

10/08/2021 21:57

* Acutus Medical Inc  AFIB.OQ   AFIB.O  is expected to show a
rise in quarterly revenue when it reports results on August 12. 
* The Carlsbad, California-based company is expected to report 
 a 283.3% increase in revenue to $4.346 million from $1.13
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Acutus Medical Inc is
for a loss of 84 cents per share. For the same quarter last
year, the company reported a loss of $32.24 per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"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 Acutus Medical
Inc is $19​, about 22.5% above​ its last closing price
of $14.73. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 30 2020  -1.06       -0.99      -1.95     Missed  -96.6​
 Jun. 30 2020  -1.03       -1.03      -32.24    Missed  -3,030
                                                        .1
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 This summary was machine generated August 10 at 20:57 GMT.  All
figures in US dollars unless otherwise stated