Enovis Corp expected to post earnings of 54  cents a share - Earnings Preview

Enovis

03/11/2023 16:46

* Enovis Corp  ENOV.N   ENOV.K  is expected to show a rise
in
quarterly revenue when it reports  results on November 7. 
    * The Wilmington Delaware-based  company is expected to
report  a
8.1% increase in revenue to $415.033 million from $383.81
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data. The company's guidance on October
19 2023, for the period ended September 30, was for revenue
between $414.00 million and $418.00 million.
    * ​Refinitiv's mean analyst estimate for Enovis Corp is for
earnings of 54 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"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 Enovis Corp
is
$70​, above​ its last closing price of $46.07. ​​​

The company's guidance on October 19 2023 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD414 million and
USD66 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.52        0.52       0.61      Beat    17
 Mar. 31 2023  0.37        0.37       0.44      Beat    18.3
 Dec. 31 2022  0.65        0.66       0.72      Beat    9.8​
 Sep. 30 2022  0.48        0.48       0.59      Beat    22.9
 ​​Jun.        0.50        0.50       0.59      Beat    18
 30 2022                                                
 Mar. 31 2022  0.35        0.35       0.37      Beat    5.7​
 Dec. 31 2021  1.72        1.72       1.77      Beat    2.9
 Sep. 30 2021  1.57        1.60       1.62      Beat    1.2
 This summary was machine generated November 3 at 16:46 GMT.  All
figures in US dollars  unless otherwise stated