Cutera Inc expected to post a loss of 39 cents a share - Earnings Preview

Cutera

06/05/2023 02:47

* Cutera Inc  CUTR.OQ   CUTR.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 9. 
    * The Brisbane California California-based  company is
expected to
report  a 3.1% increase in revenue to $59.8 million from $58.01
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Cutera Inc is for a
loss
of 39 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"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 Cutera Inc
is
$35​, above​ its last closing price of $20.51. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  -0.14       -0.24      -0.10     Beat    58.9
 Sep. 30 2022  -0.25       -0.30      -0.24     Beat    19.5
 Jun. 30 2022  -0.15       -0.15      -0.24     Missed  -57.9​
 Mar. 31 2022  -0.02       -0.04      -0.32     Missed  -627.3
 ​​Dec.        0.15        0.14       0.13      Missed  -8.8
 31 2021                                                
 Sep. 30 2021  0.07        0.06       0.17      Beat    203.6​
 Jun. 30 2021  0.06        0.06       0.28      Beat    382.8
 Mar. 31 2021  -0.06       -0.10      0.17      Beat    270
 This summary was machine generated May 6 at 01:47 GMT.  All
figures in US dollars  unless otherwise stated