Avanos Medical Inc expected to post earnings of 26  cents a share - Earnings Preview

Avanos Medical

02/05/2022 19:34

* Avanos Medical Inc  AVNS.N   AVNS.K  is expected to show a
rise
in quarterly revenue when it reports  results on May 4. 
    * The Alpharetta Georgia-based  company is expected to
report  a
9.5% increase in revenue to $197.8 million from $180.7 million a
year ago, according to the mean estimate from 4 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Avanos Medical Inc
is for
earnings of 26 cents per share. For the same quarter last year,
the company reported earnings of 23 cents per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and 1 "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 Avanos
Medical
Inc is $39​, above​ its last closing price of $29.16. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.40        0.40       0.46      Beat    14.4
 Sep. 30 2021  0.29        0.30       0.25      Missed  -17.1
 Jun. 30 2021  0.23        0.23       0.21      Missed  -10​
 Mar. 31 2021  0.18        0.19       0.23      Beat    24.3
 ​​Dec.        0.22        0.22       0.28      Beat    29.2
 31 2020                                                
 Sep. 30 2020  0.11        0.10       0.21      Beat    110​
 Jun. 30 2020  -0.08       -0.10      0.13      Beat    230
 Mar. 31 2020  0.15        0.16       0.16      Met     1.6
 This summary was machine generated May 2 at 18:34 GMT.  All
figures in US dollars  unless otherwise stated