Avanos Medical Inc reports results for the quarter ended in December - Earnings Summary

Avanos Medical

21/02/2023 14:32

* Avanos Medical Inc  AVNS.N  reported quarterly adjusted
earnings
of 60 cents​​ per share for the quarter ended in December. The
mean expectation of four analysts for the quarter was
for earnings of 49 cents per share.
    * Revenue rose 12.5% to $217.50 million from a year ago;
analysts
expected $217.30 million. 
    * Avanos Medical Inc's reported EPS for the quarter was 36
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Avanos Medical Inc shares had risen by 10.7% this quarter.
    * The company reported quarterly net income of $16.9
million.
    * Wall Street's median 12-month price target for Avanos
Medical
Inc is $26.00 
    * 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." 

This summary was machine generated from Refinitiv data February
21 at 02:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.49           0.60           Beat
 Sep. 30 2022      0.35           0.38           Beat
 Jun. 30 2022      0.38           0.41           Beat
 Mar. 31 2022      0.26           0.26           Met