Glaukos Corp reports results for the quarter ended in December - Earnings Summary

Glaukos

23/02/2024 03:01

* Glaukos Corp  GKOS.N  reported a quarterly adjusted loss
of 63
cents​​ per share for the quarter ended in December, lower than
the same quarter last year, when the company reported EPS of -53
cents.  The mean expectation of fourteen analysts for the
quarter was for a loss of 55 cents per share. Wall Street
expected results to range from -64 cents to -47 cents per share.
    * Revenue rose 15.6% to $82.37 million from a year ago;
analysts
expected $79.07 million. 
    * Glaukos Corp's reported EPS for the quarter was a loss
of 75
cents​.
    * The company reported a quarterly loss of $36.78 million.
    * Glaukos Corp shares had risen by 16.7% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.4%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * 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 average consensus recommendation for the medical
equipment,
supplies & distribution peer group is also "buy"

Wall Street's median 12-month price target for Glaukos Corp is
$105.00 
This summary was machine generated from LSEG data February 23 at
02:59 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.55          -0.63          Missed
 Sep. 30 2023      -0.55          -0.50          Beat
 Jun. 30 2023      -0.55          -0.55          Met
 Mar. 31 2023      -0.58          -0.59          Missed