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

ConforMIS

03/05/2021 22:23

* Conformis Inc  CFMS.OQ   CFMS.O  is expected to show a fall in
quarterly revenue when it reports results on May 5.
* The Billerica, Massachusetts-based company is expected to
report  a 16.4% decrease in revenue to $13.775 million from
$16.48 million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data.​​
​* Refinitiv's mean analyst estimate for Conformis Inc is for a
loss of 8 cents per share. For the same quarter last year, the
company reported a loss of 14 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and 1 "sell" or "strong sell." 
* The mean earnings estimate of analysts had fallen by
about 4.3% in the last three months.​
* Wall Street's median 12-month price target for Conformis Inc
is $2​, about 53.2% above​ its last closing price of $0.94. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020  -0.10       -0.10      -0.08     Beat    17.7
 Sep. 30 2020  -0.12       -0.12      -0.09     Beat    23.9
 Jun. 30 2020  -0.08       -0.10      -0.03     Beat    69.5​
 Mar. 31 2020  -0.10       -0.10      -0.14     Missed  -45.8
 Dec.          ​           -0.10      -0.08     Beat    20​
 31​ 2019​                                              
 Sep. 30 2019  -0.11       -0.11      -0.13     Missed  -22.6​
 Jun. 30 2019  -0.11       -0.12      -0.11     Beat    5.2
 Mar. 31 2019  -0.12       -0.12      -0.12     Met     0.8
 This summary was machine generated May 3 at 21:23 GMT.  All
figures in US dollars unless otherwise stated