Glaukos Corp reports results for the quarter ended in September 30 - Earnings Summary

Glaukos

05/11/2024 07:44

* Glaukos Corp  GKOS.N  reported a quarterly adjusted loss
of 28
cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of -50 cents.  The mean expectation of twelve analysts for the
quarter was for a loss of 48 cents per share. Wall Street
expected results to range from -54 cents to -31 cents per share.
    * Revenue rose 23.9% to $96.67 million from a year ago;
analysts
expected $91.49 million. 
    * Glaukos Corp's reported EPS for the quarter was a loss
of 39
cents​.
    * The company reported a quarterly loss of $21.41 million.
    * Glaukos Corp shares had risen by 0.8% this quarter and
gained 65.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.8%
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 9 "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
145.00 
This summary was machine generated from LSEG data November 5 at
07:44 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
 Sep. 30 2024      -0.48          -0.28          Beat
 Jun. 30 2024      -0.51          -0.52          Missed
 Mar. 31 2024      -0.57          -0.70          Missed
 Dec. 31 2023      -0.55          -0.63          Missed