Cutera Inc reports results for the quarter ended in December - Earnings Summary

Cutera

28/02/2023 22:02

* Cutera Inc  CUTR.OQ  reported a quarterly adjusted loss
of 10
cents​​ per share for the quarter ended in December. The mean
expectation of six analysts for the quarter was for a loss of 24
cents per share.
    * Revenue rose 2.6% to $67.35 million from a year ago;
analysts
expected $68.24 million. 
    * Cutera Inc's reported EPS for the quarter was a loss of 40
cents​.
    * The mean earnings estimate of analysts had fallen by
about 45.3%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Cutera Inc shares had fallen by 26.3% this quarter.
    * The company reported a quarterly loss of $7.79 million.
    * Wall Street's median 12-month price target for Cutera Inc
is
$55.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
28 at 10:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.24          -0.10          Beat
 Sep. 30 2022      -0.30          -0.24          Beat
 Jun. 30 2022      -0.15          -0.24          Missed
 Mar. 31 2022      -0.04          -0.32          Missed