Artivion Inc reports results for the quarter ended in December - Earnings Summary

Artivion

15/02/2024 22:45

* Artivion Inc  AORT.N  reported a quarterly adjusted loss
of 10
cents​​ per share for the quarter ended in December, lower than
the same quarter last year, when the company reported EPS of 5
cents.  The mean expectation of five analysts for the quarter
was for a loss of 10 cents per share. Wall Street expected
results to range from -22 cents to -4 cents per share.
    * Revenue rose 18% to $93.67 million from a year ago;
analysts
expected $89.29 million. 
    * Artivion Inc's reported EPS for the quarter was a loss
of 10
cents​.
    * The company reported a quarterly loss of $3.98 million.
    * Artivion Inc shares had fallen by 1.8% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 22.1%
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 5 "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 also "strong buy"

Wall Street's median 12-month price target for Artivion Inc is
$25.00 
This summary was machine generated from LSEG data February 15 at
10:44 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
 Dec. 31 2023      -0.10          -0.10          Met
 Sep. 30 2023      -0.06          -0.24          Missed
 Jun. 30 2023      -0.08          -0.07          Beat
 Mar. 31 2023      -0.14          -0.33          Missed