Avanos Medical Inc expected to post earnings of 30 cents a share - Earnings Preview

Avanos Medical

29/10/2021 18:00

* Avanos Medical Inc  AVNS.N   AVNS.K  is expected to show a
fall in quarterly revenue when it reports results on November
2. 
* The Alpharetta, Georgia-based company is expected to report  a
0.2% decrease in revenue to $185.34 million from $185.7 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Avanos Medical Inc is
for earnings of 30 cents per share. For the same quarter last
year, the company reported earnings of 21 cents per share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 2 "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 $45​, about 29.8% above​ its last closing price
of $31.57. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  0.23        0.23       0.21      Missed  -10
 Mar. 31 2021  0.18        0.19       0.23      Beat    24.3
 Dec. 31 2020  0.22        0.22       0.28      Beat    29.2​
 Sep. 30 2020  0.11        0.10       0.21      Beat    110
 Jun.          -0.08​      -0.10      0.13      Beat    230​
 30​ 2020​                                              
 Mar. 31 2020  0.15        0.16       0.16      Met     1.6​
 Dec. 31 2019  0.32        0.32       0.34      Beat    7.5
 Sep. 30 2019  0.31        0.31       0.30      Missed  -4
 This summary was machine generated October 29 at 17:00 GMT.  All
figures in US dollars unless otherwise stated