Axonics Inc expected to post a loss of 8 cents a share - Earnings Preview

Axonics

26/04/2024 12:50

* Axonics Inc  AXNX.OQ   AXNX.O  is expected to show a rise
in
quarterly revenue when it reports  results on April 29
(estimated) for the period ending March 31 2024
    * The Irvine California-based  company is expected to report
a
27.3% increase in revenue to $89.94 million from $70.65 million
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Axonics Inc is for a
loss of 8
cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 12
"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
$71.00​, above​ its last closing price of $66.54. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.09        0.06       0.13      Beat    123.4
 Sep. 30 2023  -0.05       -0.05      0.08      Beat    245.5
 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.        -0.27       -0.24      0.01      Beat    104.1
 31 2022                                                
 Sep. 30 2022  -0.48       -0.48      -0.34     Beat    28.5​
 Jun. 30 2022  -0.54       -0.54      -0.47     Beat    13.4
 Mar. 31 2022  -0.65       -0.63      -0.50     Beat    21
 This summary was machine generated April 26 at 11:50 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)