Conformis Inc expected to post earnings of 4 cents a share - Earnings Preview

ConforMIS

03/08/2021 24:01

* Conformis Inc  CFMS.OQ   CFMS.O  is expected to show a rise in
quarterly revenue when it reports results on August 4. 
* The Billerica, Massachusetts-based company is expected to
report   a 69.5% increase in revenue to $32.996 million from
$19.47 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
earnings of 4 cents per share. For the same quarter last year,
the company reported a loss of 3 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 was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Conformis Inc
is $2​, about 21.5% above​ its last closing price of $1.57. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  -0.07       -0.08      -0.09     Missed  -19.6
 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.          -0.10​      -0.10      -0.14     Missed  -45.8​
 31​ 2020​                                              
 Dec. 31 2019              -0.10      -0.08     Beat    20​
 Sep. 30 2019  -0.11       -0.11      -0.13     Missed  -22.6
 Jun. 30 2019  -0.11       -0.12      -0.11     Beat    5.2
 This summary was machine generated August 2 at 23:01 GMT.  All
figures in US dollars unless otherwise stated