Allurion Technologies Inc reports results for the quarter ended September 30 - Earnings Summary

Allurion Technologies

13/11/2024 15:23

* Allurion Technologies Inc  ALUR.N  reported a quarterly
adjusted
loss of 14 cents​​ per share for the quarter ended September
30.  The mean expectation of four analysts for the quarter was
for a loss of 18 cents per share. Wall Street expected
results to range from -24 cents to -14 cents per share.
    * Revenue was $5.37 million​; analysts expected $8.55
million. 
    * Allurion Technologies Inc's reported EPS for the quarter
was a
loss of 14 cents​.
    * The company reported a quarterly loss of $9 million.
    * Allurion Technologies Inc shares had risen by 15.9% this
quarter and lost 81.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 28.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "buy"

Wall Street's median 12-month price target for Allurion
Technologies Inc is $2.25 
This summary was machine generated from LSEG data November 13 at
03:23 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      -0.18          -0.14          Beat
 Jun. 30 2024      -0.24          -0.05          Beat
 Mar. 31 2024      -0.30          0.11           Beat