Axonics Inc expected to post a loss of 5 cents a share - Earnings Preview

Axonics

28/10/2023 02:49

* Axonics Inc  AXNX.OQ   AXNX.O  is expected to show a rise
in
quarterly revenue when it reports  results 
    * The Irvine California-based  company is expected to report
 a
27.5% increase in revenue to $89.73 million from $70.38 million
a year ago, according to the mean estimate from 13 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Axonics Inc is for
a loss
of 5 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "strong buy" or "buy," 2
"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 Axonics Inc
is
$75​, above​ its last closing price of $49.38. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  -0.10       -0.11      0.16      Beat    240.8
 Mar. 31 2023  -0.28       -0.29      -0.19     Beat    33.9
 Dec. 31 2022  -0.27       -0.24      0.01      Beat    104.1​
 Sep. 30 2022  -0.48       -0.48      -0.34     Beat    28.5
 ​​Jun.        -0.54       -0.54      -0.47     Beat    13.4
 30 2022                                                
 Mar. 31 2022  -0.65       -0.63      -0.50     Beat    21​
 Dec. 31 2021  -0.37       -0.37      -0.34     Beat    8.1
 Sep. 30 2021  -0.43       -0.43      -0.38     Beat    11.9
 This summary was machine generated October 28 at 01:49 GMT.  All
figures in US dollars  unless otherwise stated