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

Avanos Medical

03/08/2021 16:41

* Avanos Medical Inc  AVNS.N  reported quarterly adjusted
earnings of 21 cents​​ per share for the quarter ended in June.
The mean expectation of six analysts for the quarter was
for earnings of 23 cents per share.
* Revenue rose 13.9% to $186.40 million from a year ago; 
analysts expected $180.56 million. 
* Avanos Medical Inc's reported EPS for the quarter was 78
cents​.
* The mean earnings estimate of analysts had fallen by
about 8.5% in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates 
* Avanos Medical Inc shares had risen by 5.9% this quarter and
lost 16.1% so far this year.
* The company reported quarterly net income of $37.9 million.
* Wall Street's median 12-month price target for Avanos Medical
Inc is $50.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell." 
This summary was machine generated August 3 at 03:41 p.m.  ​All
figures in US dollars unless otherwise stated