Avanos Medical Inc expected to post earnings of 35cents a share - Earnings Preview

Avanos Medical

28/10/2022 16:57

* Avanos Medical Inc  AVNS.N   AVNS.K  is expected to show a
rise
in quarterly revenue when it reports  results on November 2. 
    * The Alpharetta Georgia-based  company is expected to
report  a
11.6% increase in revenue to $205.467 million from $184.1
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Avanos Medical Inc
is for
earnings of 35 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"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 $31​, above​ its last closing price of $21.75. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  0.38        0.38       0.41      Beat    7.3
 Mar. 31 2022  0.26        0.26       0.26      Met     0
 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.        0.23        0.23       0.21      Missed  -10
 30 2021                                                
 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
 This summary was machine generated October 28 at 15:57 GMT.  All
figures in US dollars  unless otherwise stated