Edap Tms SA reports results for the quarter ended in December - Earnings Summary

Edap Tms SA

27/03/2024 13:31

* Edap Tms SA  EDAP.OQ  reported a quarterly adjusted loss
of 14
cents​​ per share for the quarter ended in December, identical
to the same quarter last year.  The mean expectation of
four analysts for the quarter was for a loss of 4 cents per
share. Wall Street expected results to range from -11 cents to 1
cents per share.
    * Revenue rose 24.8% to €19.61 million from a year ago;
analysts
expected €18.21 million. 
    * Edap Tms SA's reported EPS for the quarter was a loss
of 14
cents​.
    * The company reported a quarterly loss of €5.04 million.
    * Edap Tms SA shares had risen by 38.3% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 16.6%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the advanced
medical
equipment & technology peer group is also "buy"

Wall Street's median 12-month price target for Edap Tms SA is
$11.00 
This summary was machine generated from LSEG data March 27 at
01:31 p.m. UTC. ​All figures in euros 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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.04          -0.14          Missed
 Sep. 30 2023      -0.11          -0.11          Met
 Jun. 30 2023      -0.05          -0.13          Missed
 Mar. 31 2023      -0.03          -0.20          Missed