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

Artivion

02/11/2023 21:58

* Artivion Inc  AORT.N  reported a quarterly adjusted loss
of 24
cents​​ per share for the quarter ended in September, 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 6 cents per share. Wall Street expected
results to range from -10 cents to 1 cents per share.
    * Revenue rose 14.3% to $87.85 million from a year ago;
analysts
expected $84.32 million. 
    * Artivion Inc's reported EPS for the quarter was a loss
of 24
cents​.
    * The company reported a quarterly loss of $9.8 million.
    * Artivion Inc shares had fallen by 15.0% this quarter and
gained 6.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 12.1%
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 4 "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
$26.00 
This summary was machine generated from LSEG data November 2 at
09:58 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      -0.06          -0.24          Missed
 Jun. 30 2023      -0.08          -0.07          Beat
 Mar. 31 2023      -0.14          -0.33          Missed
 Dec. 31 2022      -0.12          0.05           Beat