iRhythm Technologies Inc expected to post a loss of 78 cents a share - Earnings Preview

iRhythm Holdings

02/08/2023 03:04

* iRhythm Technologies Inc  IRTC.OQ   IRTC.O  is expected
to show
a rise in quarterly revenue when it reports  results on August
3. 
    * The San Francisco California-based  company is expected to
report  a 17.9% increase in revenue to $120.339 million from
$102.05 million a year ago, according to the mean estimate from
10 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for iRhythm
Technologies Inc
is for a loss of 78 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for iRhythm
Technologies Inc is $149​, above​ its last closing price
of $103.85. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.92       -0.90      -1.10     Missed  -21.9
 Dec. 31 2023  -0.62       -0.62      -0.67     Missed  -7.7
 Sep. 30 2022  -0.83       -0.83      -0.63     Beat    23.7​
 Jun. 30 2022  -0.92       -0.91      -0.80     Beat    12.5
 ​​Mar.        -1.07       -1.08      -0.80     Beat    25.8
 31 2022                                                
 Dec. 31 2021  -1.14       -1.17      -1.10     Beat    5.9​
 Sep. 30 2021  -1.09       -1.10      -0.81     Beat    26.1
 Jun. 30 2021  -0.93       -0.94      -0.59     Beat    37.5
 This summary was machine generated August 2 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated