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

Alphatec Holdings

04/05/2024 03:58

* Alphatec Holdings Inc  ATEC.OQ   ATEC.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 7 for
the period ending March 31 2024
    * The Carlsbad California-based  company is expected to
report a
22.9% increase in revenue to $134.043 million from $109.11
million a year ago, according to the mean estimate from 10
analysts, based on LSEG data.
    * ​LSEG'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 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 $23.00​, above​ its last closing price of $13.65. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023              -0.25      -0.37     Missed  -47.1
 Sep. 30 2023                         -0.35             -23.9
 Jun. 30 2023  -0.29       -0.28      -0.43     Missed  -52.3​
 Jan. 1 0001   -0.33       -0.31      -0.40     Missed  -27.2
 ​​Dec.        -0.28       -0.28      -0.33     Missed  -17.4
 31 2022                                                
 Jan. 1 0001   -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
 This summary was machine generated May 4 at 02:58 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)