Glaukos Corp expected to post a loss of 51 cents a share - Earnings Preview

Glaukos

29/07/2024 21:58

* Glaukos Corp  GKOS.N   GKOS.K  is expected to show a rise
in
quarterly revenue when it reports  results on July 31 for the
period ending June 30 2024
    * The Aliso Viejo California-based  company is expected to
report
a 10.6% increase in revenue to $88.895 million from $80.4
million a year ago, according to the mean estimate from 12
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Glaukos Corp is for a
loss
of 51 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 4
"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 Glaukos
Corp is
$120.00​, above​ its last closing price of $119.69. ​​​

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  -0.58       -0.57      -0.70     Missed  -21.9
 Dec. 31 2024  -0.54       -0.55      -0.63     Missed  -14.6
 Sep. 30 2023  -0.54       -0.55      -0.50     Beat    8.9​
 Jun. 30 2023  -0.56       -0.55      -0.55     Met     0.8
 ​​Mar.        -0.56       -0.58      -0.59     Missed  -2.6
 31 2023                                                
 Jan. 1 0001   -0.54       -0.55      -0.53     Beat    2.8​
 Sep. 30 2022  -0.51       -0.52      -0.45     Beat    13.8
 Jun. 30 2022  -0.43       -0.44      -0.83     Missed  -89.6
 This summary was machine generated July 29 at 20:58 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)