Artivion Inc reports results for the quarter - Earnings Summary

Artivion

08/11/2024 21:02

* Artivion Inc  AORT.N  reported a quarterly adjusted loss
of 5
cents​​ per share for the quarter , higher than the same quarter
last year, when the company reported EPS of -24 cents.  The mean
expectation of six analysts for the quarter was for a loss of 6
cents per share. Wall Street expected results to range from -14
cents to -1 cents per share.
    * Revenue rose 9% to $95.78 million from a year ago;
analysts
expected $94.76 million. 
    * Artivion Inc's reported EPS for the quarter was a loss
of 5
cents​.
    * The company reported a quarterly loss of $2.29 million.
    * Artivion Inc shares had risen by 8.9% this quarter and
gained 62.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 9.2%
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
"strong buy"
and the breakdown of recommendations is 6 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the medical
equipment,
supplies & distribution peer group is  "buy."

Wall Street's median 12-month price target for Artivion Inc is
$33.00 
This summary was machine generated from LSEG data November 8 at
09:02 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      -0.06          -0.05          Beat
 Jun. 30 2024      -0.02          -0.05          Missed
 Mar. 31 2024      -0.09          0.06           Beat
 Dec. 31 2023      -0.10          -0.10          Met