Alphatec Holdings Inc expected to post a loss of 31 cents a share - Earnings Preview

Alphatec Holdings

03/05/2023 03:05

* Alphatec Holdings Inc  ATEC.OQ   ATEC.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 4. 
    * The Carlsbad California-based  company is expected to
report  a
47.6% increase in revenue to $104.703 million from $70.93
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. The company's guidance on
April 19 2023, for the period ended March 31, was for revenue
between $108.00 million and $109.50 million.
    * ​Refinitiv's mean analyst estimate for Alphatec Holdings
Inc is
for a loss of 31 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "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 $19.5​, above​ its last closing price of $14.45. ​​​

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 2022  -0.28       -0.28      -0.33     Missed  -17.4
 Sep. 30 2022  -0.31       -0.30      -0.35     Missed  -17.2
 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.        -0.31       -0.31      -0.40     Missed  -28.5
 31 2021                                                
 Sep. 30 2021  -0.28       -0.25      -0.36     Missed  -41.3​
 Jun. 30 2021  -0.19       -0.19      -0.39     Missed  -103.5
 Mar. 31 2021  -0.20       -0.20      -0.26     Missed  -33
 This summary was machine generated May 3 at 02:05 GMT.  All
figures in US dollars  unless otherwise stated