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

Avanos Medical

04/05/2022 14:32

* Avanos Medical Inc  AVNS.N  reported quarterly adjusted
earnings
of 26 cents​​ per share for the quarter ended in March. The mean
expectation of five analysts for the quarter was for earnings of
26 cents per share.
    * Revenue rose 9.2% to $197.40 million from a year ago; 
analysts
expected $197.80 million. 
    * Avanos Medical Inc's reported EPS for the quarter was 12
cents​.
    * The mean earnings estimate of analysts had fallen by
about 12.8%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Avanos Medical Inc shares had fallen by 12.9% this
quarter and
lost 15.8% so far this year.
    * The company reported quarterly net income of $20.3
million.
    * Wall Street's median 12-month price target for Avanos
Medical
Inc is $39.00 
    * 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 May 4 at 01:32 p.m.  ​All
figures in US dollars unless otherwise stated