iRhythm Technologies Inc expected to post a loss of 83 cents a share - Earnings Preview

iRhythm Holdings

28/10/2022 21:17

* iRhythm Technologies Inc  IRTC.OQ   IRTC.O  is expected
to show
a rise in quarterly revenue when it reports  results on November
1. 
    * The San Francisco California-based  company is expected to
report  a 24.2% increase in revenue to $106.129 million from
$85.43 million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for iRhythm
Technologies Inc
is for a loss of 83 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.2%
in the last three months. ​
    * Wall Street's median 12-month price target for iRhythm
Technologies Inc is $175​, above​ its last closing price
of $124.47. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  -0.92       -0.91      -0.80     Beat    12.5
 Mar. 31 2022  -1.07       -1.08      -0.80     Beat    25.8
 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.        -0.93       -0.94      -0.59     Beat    37.5
 30 2021                                                
 Mar. 31 2021  -0.85       -0.83      -0.95     Missed  -13.8​
 Dec. 31 2020  -0.31       -0.31      -0.33     Missed  -7.8
 Sep. 30 2020  -0.48       -0.51      -0.17     Beat    66.9
 This summary was machine generated October 28 at 20:17 GMT.  All
figures in US dollars  unless otherwise stated