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

Bioventus

08/08/2023 14:34

* Bioventus Inc  BVS.OQ  reported quarterly adjusted
earnings of
14 cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for breakeven
results per share.
    * Revenue fell 2.3% to $137.07 million from a year ago;
analysts
expected $129.23 million. 
    * Bioventus Inc's reported EPS for the quarter was a loss
of 6
cents​.
    * The mean earnings estimate of analysts had risen by
about 100%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Bioventus Inc shares had risen by 17.6% this quarter and
gained 30.3% so far this year.
    * The company reported a quarterly loss of $3.68 million.
    * Wall Street's median 12-month price target for Bioventus
Inc is
$3.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 8 at 01:34 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.00           0.14           Beat
 Mar. 31 2023      -0.15          -0.26          Missed
 Dec. 31 2022      0.05           -0.06          Missed
 Sep. 30 2022      0.12           0.08           Missed