Acutus Medical Inc expected to post a loss of 92  cents a share - Earnings Preview

Acutus Medical

11/05/2022 01:34

* Acutus Medical Inc  AFIB.OQ   AFIB.O  is expected to show
a fall
in quarterly revenue when it reports  results on May 12. 
    * The Carlsbad California-based  company is expected to
report  a
12.9% decrease in revenue to $3.127 million from $3.59 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 92 cents per share. For the same quarter last year,
the company reported a loss of $1.04 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 $2​, above​ its last closing price of $0.98. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  -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. 31 2021  -0.85       -0.81      -1.04     Missed  -28.1
 ​​Dec.        -0.74       -0.72      -1.05     Missed  -45.4
 31 2020                                                
 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 May 11 at 00:34 GMT.  All
figures in US dollars  unless otherwise stated