Cutera Inc expected to post a loss of 97 cents a share - Earnings Preview

Cutera

07/08/2024 02:17

* Cutera Inc  CUTR.OQ   CUTR.O  is expected to show a fall
in
quarterly revenue when it reports  results on August 8 for the
period ending June 30 2024
    * The Brisbane California California-based  company is
expected to
report a 36.8% decrease in revenue to $38.695 million from
$61.22 million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Cutera Inc is for a loss
of 97
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
$6.00​, above​ its last closing price of $1.13. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -1.01       -1.00      -0.70     Beat    29.8
 Dec. 31 2024  -0.96       -0.94      -1.35     Missed  -43.1
 Sep. 30 2023  -1.11       -0.92      -1.61     Missed  -75​
 Jun. 30 2023  -0.62       -0.63      -0.69     Missed  -8.8
 ​​Mar.        -0.41       -0.39      -0.80     Missed  -105.1
 31 2023                                                
 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
 This summary was machine generated August 7 at 01:17 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)