Conformis Inc expected to post a loss of $1.79 a share - Earnings Preview

ConforMIS

27/02/2023 22:18

* Conformis Inc  CFMS.OQ   CFMS.O  is expected to show a
fall in
quarterly revenue when it reports  results on March 1. 
    * The Billerica Massachusetts-based  company is expected to
report
 a 11.4% decrease in revenue to $13.668 million from $15.42
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. The company's guidance on
November 2 2022, for the period ended December 31, was for
revenue between $13.00 million and $14.00 million.
    * ​Refinitiv's mean analyst estimate for Conformis Inc is
for a
loss of $1.79 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
$29​, above​ its last closing price of $1.69. ​​​

This summary was machine generated February 27 at 22:18 GMT. 
All figures in US dollars  unless otherwise stated