CVRx Inc expected to post a loss of 55 cents a share - Earnings Preview

CVRx

26/07/2024 22:45

* CVRx Inc  CVRX.OQ   CVRX.O  is expected to show a rise in
quarterly revenue when it reports  results on July 29 for the
period ending June 30 2024
    * The Minneapolis Minnesota-based  company is expected to
report a
24.1% increase in revenue to $11.787 million from $9.5 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 55
cents per share. 
    * 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."  
    * 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
$14.50​, above​ its last closing price of $9.53. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -0.51       -0.54      -1.04     Missed  -92.3
 Dec. 31 2024  -0.54       -0.54      -0.44     Beat    19.2
 Sep. 30 2023  -0.57       -0.58      -0.43     Beat    25.6​
 Jun. 30 2023  -0.58       -0.58      -0.56     Beat    4
 ​​Mar.        -0.57       -0.56      -0.55     Beat    2.7
 31 2023                                                
 Dec. 31 2022  -0.56       -0.56      -0.51     Beat    8.3​
 Sep. 30 2022  -0.56       -0.56      -0.48     Beat    14
 Jun. 30 2022  -0.53       -0.53      -0.54     Missed  -1.5
 This summary was machine generated July 26 at 21:45 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)