iRhythm Technologies Inc expected to post a loss of 89 cents a share - Earnings Preview

iRhythm Holdings

31/07/2024 24:05

* iRhythm Technologies Inc  IRTC.OQ   IRTC.O  is expected
to show
a rise in quarterly revenue when it reports  results on August 1
for the period ending June 30 2024
    * The San Francisco California-based  company is expected to
report a 17.8% increase in revenue to $146.206 million from
$124.13 million a year ago, according to the mean estimate from
11 analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for iRhythm Technologies Inc
is
for a loss of 89 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 12 "strong buy" or
"buy," no "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 $133.00​, above​ its last closing price
of $88.57. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   -1.02       -0.96      -1.23     Missed  -28.1
 Dec. 31 0001  -0.61       -0.59      -1.26     Missed  -112.7
 Sep. 30 2023  -0.64                  -0.89             -39.1​
 Jun. 30 2023  -0.79       -0.77      -0.61     Beat    21
 ​​Jan.        -0.92       -0.90      -1.10     Missed  -21.9
 1 0001                                                 
 Dec. 31 2022  -0.62                  -0.67             -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
 This summary was machine generated July 30 at 23:05 GMT.  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)