Avinger Inc expected to post a loss of 4 cents a share - Earnings Preview

Avinger

26/07/2021 23:31

* Avinger Inc  AVGR.OQ   AVGR.O  is expected to show a rise in
quarterly revenue when it reports results on July 28
(estimated). 
* The Redwood City, California-based company is expected to
report   a 91.0% increase in revenue to $2.8 million from $1.47
million a year ago, according to the estimate from one analyst,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Avinger Inc is for a
loss of 4 cents per share. For the same quarter last year, the
company reported a loss of 18 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "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 Avinger Inc is
$2.5​, about 61.7% above​ its last closing price of $0.96. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021              -0.04      -0.07     Missed  -75
 Dec. 31 2020  -0.06       -0.06      -0.07     Missed  -16.7
 Sep. 30 2020  -0.10       -0.10      -0.08     Beat    23.8​
 Jun. 30 2020  -0.21       -0.20      -0.18     Beat    12.2
 Mar.          -0.41​      -0.41      -0.47     Missed  -14.6​
 31​ 2020​                                              
 Dec. 31 2019  -0.52       -0.52      -0.58     Missed  -11.5​
 Sep. 30 2019  -0.60       -0.60      -0.70     Missed  -16.7
 Jun. 30 2019  -0.90       -0.90      -0.87     Beat    3.3
 This summary was machine generated July 26 at 22:31 GMT.  All
figures in US dollars unless otherwise stated