AtriCure Inc expected to post a loss of 18 cents a share - Earnings Preview

AtriCure

17/02/2023 21:40

* AtriCure Inc  ATRC.OQ   ATRC.O  is expected to show a rise
in
quarterly revenue when it reports  results on February 21. 
    * The Mason Ohio-based  company is expected to report  a
19.7% increase in revenue to $87.657 million from $73.22 million
a year ago, according to the mean estimate from 7 analysts,
based on Refinitiv data. The company's guidance on January 9
2023, for the period ended December 31, was for revenue of
$88.000 million.
    * ​Refinitiv's mean analyst estimate for AtriCure Inc is for
a
loss of 18 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"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 AtriCure
Inc is
$56.5​, above​ its last closing price of $40.80. ​​​

The company's guidance on November 1 2022 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of of USD4 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  -0.25       -0.25      -0.27     Missed  -6.8
 Jun. 30 2022  -0.29       -0.29      -0.32     Missed  -9.3
 Mar. 31 2022  -0.31       -0.32      -0.33     Missed  -3.2​
 Dec. 31 2021  -0.29       -0.29      -0.30     Missed  -3.4
 ​​Sep.        -0.33       -0.32      2.11      Beat    750
 30 2021                                                
 Jun. 30 2021  -0.34       -0.33      -0.36     Missed  -7.5​
 Mar. 31 2021  -0.37       -0.37      -0.38     Missed  -3.5
 Dec. 31 2020  -0.27       -0.28      -0.28     Met     0.6
 This summary was machine generated February 17 at 21:40 GMT. 
All figures in US dollars  unless otherwise stated