iRhythm Technologies Inc reports results for the quarter ended December 31 - Earnings Summary

iRhythm Holdings

20/02/2025 22:01

* iRhythm Technologies Inc  IRTC.OQ  reported a quarterly
adjusted
loss of 4 cents​​ per share for the quarter ended December 31,
higher than the same quarter last year, when the company
reported EPS of $-1.26.  The mean expectation of
thirteen analysts for the quarter was for a loss of 25 cents per
share. Wall Street expected results to range from -52 cents
to -3 cents per share.
    * Revenue rose 24% to $164.33 million from a year ago;
analysts
expected $157.94 million. 
    * iRhythm Technologies Inc's reported EPS for the quarter
was a
loss of 4 cents​.
    * The company reported a quarterly loss of $1.33 million.
    * iRhythm Technologies Inc shares had risen by 25.4% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 12.4%
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 11 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the advanced
medical
equipment & technology peer group is also "buy"

Wall Street's median 12-month price target for iRhythm
Technologies Inc is $108.00 
This summary was machine generated from LSEG data February 20 at
10:01 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      -0.25          -0.04          Beat
 Sep. 30 2024      -0.57          -1.26          Missed
 Jun. 30 2024      -0.89          -0.61          Beat
 Mar. 31 2024      -0.96          -1.23          Missed