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

Cutera

08/08/2023 23:04

* Cutera Inc  CUTR.OQ  reported a quarterly adjusted loss
of 69
cents​​ per share for the quarter ended in June. The mean
expectation of six analysts for the quarter was for a loss of 63
cents per share.
    * Revenue fell 4.7% to $61.22 million from a year ago;
analysts
expected $64.95 million. 
    * Cutera Inc's reported EPS for the quarter was a loss of
$1.59​.
    * The mean earnings estimate of analysts had fallen by
about 36.6%
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 risen by 21.3% this quarter and
lost 58.5%
so far this year.
    * The company reported a quarterly loss of $31.64 million.
    * Wall Street's median 12-month price target for Cutera Inc
is
$22.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 8 at 10:04 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.63          -0.69          Missed
 Mar. 31 2023      -0.39          -0.80          Missed
 Dec. 31 2022      -0.24          -0.10          Beat
 Sep. 30 2022      -0.30          -0.24          Beat