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

Avanos Medical

07/08/2023 16:18

* Avanos Medical Inc  AVNS.N   AVNS.K  is expected to show a
fall
in quarterly revenue when it reports  results on August 9. 
    * The Alpharetta Georgia-based  company is expected to
report  a
8.3% decrease in revenue to $186.225 million from $203 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 30 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 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 Avanos
Medical
Inc is $31​, above​ its last closing price of $24.20. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.27        0.27       0.27      Met     -1.5
 Dec. 31 2023  0.49        0.49       0.60      Beat    22.4
 Sep. 30 2022  0.35        0.35       0.38      Beat    7.8​
 Jun. 30 2022  0.38        0.38       0.41      Beat    7.3
 ​​Mar.        0.26        0.26       0.26      Met     0
 31 2022                                                
 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
 This summary was machine generated August 7 at 15:18 GMT.  All
figures in US dollars  unless otherwise stated