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

Glaukos

02/05/2024 14:22

* Glaukos Corp  GKOS.N  reported a quarterly adjusted loss
of 70
cents​​ per share for the quarter ended in March, lower than the
same quarter last year, when the company reported EPS of -59
cents.  The mean expectation of thirteen analysts for the
quarter was for a loss of 57 cents per share. Wall Street
expected results to range from -68 cents to -50 cents per share.
    * Revenue rose 15.9% to $85.62 million from a year ago;
analysts
expected $79.60 million. 
    * Glaukos Corp's reported EPS for the quarter was a loss
of 82
cents​.
    * The company reported a quarterly loss of $40.84 million.
    * Glaukos Corp shares had risen by 4.9% this quarter and
gained 24.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 5% in
the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
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." 
    * Wall Street's median 12-month price target for Glaukos
Corp is
$110.00 

This summary was machine generated from LSEG data May 2 at 01:22
p.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
 Mar. 31 2024      -0.57          -0.70          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