iRhythm Technologies Inc expected to post a loss of 98 cents a share - Earnings Preview

iRhythm Holdings

30/04/2024 21:21

* iRhythm Technologies Inc  IRTC.OQ   IRTC.O  is expected
to show
a rise in quarterly revenue when it reports  results on May 2
for the period ending March 31 2024
    * The San Francisco California-based  company is expected to
report a 15.2% increase in revenue to $128.411 million from
$111.44 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 98 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 1
"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 $135.00​, above​ its last closing price
of $108.64. ​​​

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   -0.61       -0.60      -1.26     Missed  -108.3
 Sep. 30 0001  -0.64       -0.66      -0.89     Missed  -35.1
 Jun. 30 2023  -0.79       -0.78      -0.61     Beat    22​
 Mar. 31 2023  -0.92       -0.90      -1.10     Missed  -21.9
 ​​Dec.        -0.62       -0.62      -0.67     Missed  -7.7
 31 2022                                                
 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. 31 2022  -1.07       -1.08      -0.80     Beat    25.8
 This summary was machine generated April 30 at 20:21 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)