Alphatec Holdings Inc expected to post a loss of 25 cents a share - Earnings Preview

Alphatec Holdings

23/02/2024 11:12

* Alphatec Holdings Inc  ATEC.OQ   ATEC.O  is expected
to show a
rise in quarterly revenue when it reports  results on February
26 (estimated) for the period ending December 31 2023
    * The Carlsbad California-based  company is expected to
report a
23.7% increase in revenue to $131.006 million from $105.94
million a year ago, according to the mean estimate from 10
analysts, based on LSEG data.The company's guidance on January 8
2024, for the period ended December 31, was for revenue between
$136.80 million and $138.40 million. (Majority is on total
revenue basis)
    * ​LSEG's mean analyst estimate for Alphatec Holdings Inc is
for a
loss of 25 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," no
"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 Alphatec
Holdings
Inc is $22.50​, above​ its last closing price of $15.39. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.30       -0.28      -0.35     Missed  -23.9
 Jun. 30 2023  -0.29       -0.28      -0.43     Missed  -52.3
 Mar. 31 2023  -0.33       -0.31      -0.40     Missed  -27.2​
 Dec. 31 2022  -0.28       -0.28      -0.33     Missed  -17.4
 ​​Sep.        -0.31       -0.30      -0.35     Missed  -17.2
 30 2022                                                
 Jun. 30 2022  -0.33       -0.29      -0.36     Missed  -22.4​
 Mar. 31 2022  -0.33       -0.30      -0.43     Missed  -43.3
 Dec. 31 2021  -0.31       -0.31      -0.40     Missed  -28.5
 This summary was machine generated February 23 at 11:12 GMT. 
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)