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

Glaukos

01/11/2023 23:19

* Glaukos Corp  GKOS.N  reported a quarterly adjusted loss
of 50
cents​​ per share for the quarter ended in September, lower than
the same quarter last year, when the company reported EPS of -45
cents.  The mean expectation of twelve analysts for the quarter
was for a loss of 55 cents per share. Wall Street expected
results to range from -61 cents to -52 cents per share.
    * Revenue rose 9.5% to $78.05 million from a year ago;
analysts
expected $75.25 million. 
    * Glaukos Corp's reported EPS for the quarter was a loss
of 63
cents​.
    * The company reported a quarterly loss of $30.44 million.
    * Glaukos Corp shares had fallen by 9.4% this quarter and
gained 56.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Glaukos
Corp is
$89.00 

This summary was machine generated from LSEG data November 1 at
11:19 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2022      -0.55          -0.53          Beat