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

Avanos Medical

09/08/2022 15:08

* Avanos Medical Inc  AVNS.N  reported quarterly adjusted
earnings
of 41 cents​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for earnings of
38 cents per share.
    * Revenue rose 8.9% to $203.00 million from a year ago;
analysts
expected $208.28 million. 
    * Avanos Medical Inc's reported EPS for the quarter was 24
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.5%
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 4.5% this
quarter and
lost 17.6% so far this year.
    * The company reported quarterly net income of $11.4
million.
    * Wall Street's median 12-month price target for Avanos
Medical
Inc is $34.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 9
at 02:08 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.38           0.41           Beat
 Mar. 31 2022      0.26           0.26           Met
 Dec. 31 2021      0.40           0.46           Beat
 Sep. 30 2021      0.30           0.25           Missed