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

Cutera

09/05/2023 23:35

* Cutera Inc  CUTR.OQ  reported a quarterly adjusted loss
of 80
cents​​ per share for the quarter ended in March. The mean
expectation of five analysts for the quarter was for a loss
of 39 cents per share.
    * Revenue fell 5.2% to $54.99 million from a year ago;
analysts
expected $59.80 million. 
    * Cutera Inc's reported EPS for the quarter was a loss of
$1.26​.
    * The mean earnings estimate of analysts had fallen by
about 1.6%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Cutera Inc shares had fallen by 12.5% this quarter and
lost 53.3% so far this year.
    * The company reported a quarterly loss of $25.02 million.
    * Wall Street's median 12-month price target for Cutera Inc
is
$35.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
9 at 10:35 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      -0.15          -0.24          Missed