CVRx Inc expected to post a loss of 54 cents a share - Earnings Preview

CVRx

23/01/2024 21:02

* CVRx Inc  CVRX.OQ   CVRX.O  is expected to show a rise in
quarterly revenue when it reports  results on January 25 for the
period ending December 31 2023
    * The Minneapolis Minnesota-based  company is expected to
report a
55.3% increase in revenue to $11.144 million from $7.18 million
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for CVRx Inc is for a loss
of 54
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "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
$31.00​, above​ its last closing price of $26.65. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.57       -0.58      -0.43     Beat    25.6
 Jun. 30 2023  -0.58       -0.58      -0.56     Beat    4
 Mar. 31 2023  -0.57       -0.56      -0.55     Beat    2.7​
 Dec. 31 2022  -0.56       -0.56      -0.51     Beat    8.3
 ​​Sep.        -0.56       -0.56      -0.48     Beat    14
 30 2022                                                
 Jun. 30 2022  -0.53       -0.53      -0.54     Missed  -1.5​
 Mar. 31 2022  -0.49       -0.49      -0.49     Met     -0.2
 Dec. 31 2021  -0.45       -0.44      -0.52     Missed  -16.9
 This summary was machine generated January 23 at 21:02 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)