Conformis Inc expected to post a loss of $1.39 a share - Earnings Preview

ConforMIS

05/05/2023 19:04

* Conformis Inc  CFMS.OQ   CFMS.O  is expected to show a
fall in
quarterly revenue when it reports  results on May 8. 
    * The Billerica Massachusetts-based  company is expected to
report
 a 19.2% decrease in revenue to $12.569 million from $15.55
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Conformis Inc is
for a
loss of $1.39 per share. 
    * The current average analyst rating on the shares is
"strong 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 Conformis
Inc is
$28​, above​ its last closing price of $1.28. ​​​

This summary was machine generated May 5 at 18:04 GMT.  All
figures in US dollars  unless otherwise stated