CVRx Inc expected to post a loss of 53  cents a share - Earnings Preview

CVRx

27/07/2022 02:48

* CVRx Inc  CVRX.OQ   CVRX.O  is expected to show a rise in
quarterly revenue when it reports  results on July 28. 
    * The Minneapolis Minnesota-based  company is expected to
report 
a 50.6% increase in revenue to $4.704 million from $3.12 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for CVRx Inc is for a
loss
of 53 cents per share. For the same quarter last year, the
company reported a loss of $48.48 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"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 CVRx Inc is
$15​,
above​ its last closing price of $7.30. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  -0.49       -0.49      -0.49     Met     -0.2
 Dec. 31 2022  -0.45       -0.44      -0.52     Missed  -16.9
 Sep. 30 2021  -0.38       -0.37      -0.30     Beat    20​
 Jun. 30 2021  -30.69      -30.49     -48.48    Missed  -59
 ​​                                                     
                                                        ​
 This summary was machine generated July 27 at 01:48 GMT.  All
figures in US dollars  unless otherwise stated