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

Edap Tms SA

28/08/2024 19:38

* Edap Tms SA  EDAP.OQ  reported a quarterly adjusted loss
of 16
cents​​ per share for the quarter ended in June, lower than the
same quarter last year, when the company reported EPS of -13
cents.  The mean expectation of four analysts for the quarter
was for a loss of 12 cents per share. Wall Street expected
results to range from -17 cents to -9 cents per share.
    * Revenue rose 10.6% to €15.79 million from a year ago;
analysts
expected $15.76 million. 
    * Edap Tms SA's reported EPS for the quarter was a loss
of 16
cents​.
    * The company reported a quarterly loss of €6.13 million.
    * Edap Tms SA shares had fallen by 47.2% this quarter and
lost 45.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

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
$10.00 
This summary was machine generated from LSEG data August 28 at
06:38 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
 Jan. 1 0001       -0.12          -0.16          Missed
 Mar. 31 2024      -0.11          -0.12          Missed
 Dec. 31 2023      -0.04          -0.14          Missed
 Sep. 30 2023      -0.11          -0.11          Met