Glaukos Corp expected to post a loss of 57 cents a share - Earnings Preview

Glaukos

29/04/2024 22:35

* Glaukos Corp  GKOS.N   GKOS.K  is expected to show a rise
in
quarterly revenue when it reports  results on May 1 for the
period ending March 31 2024
    * The Aliso Viejo California-based  company is expected to
report
a 7.7% increase in revenue to $79.6 million from $73.9 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 57 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 had fallen by
about 0.8%
in the last three months. ​
    * Wall Street's median 12-month price target for Glaukos
Corp is
$107.00​, above​ its last closing price of $97.20. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -0.54       -0.55      -0.63     Missed  -14.6
 Jan. 1 2023   -0.54       -0.55      -0.50     Beat    8.9
 Jun. 30 2023  -0.56       -0.55      -0.55     Met     0.8​
 Mar. 31 2023  -0.56       -0.58      -0.59     Missed  -2.6
 ​​Dec.        -0.54       -0.55      -0.53     Beat    2.8
 31 2022                                                
 Sep. 30 2022  -0.51       -0.52      -0.45     Beat    13.8​
 Jun. 30 2022  -0.43       -0.44      -0.83     Missed  -89.6
 Mar. 31 2022  -0.49       -0.51      -0.38     Beat    24.8
 This summary was machine generated April 29 at 21:35 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)