iRhythm Technologies Inc reports results for the quarter ended in March - Earnings Summary

iRhythm Holdings

05/05/2023 20:55

* iRhythm Technologies Inc  IRTC.OQ  reported a quarterly
adjusted
loss of $1.10​​ per share for the quarter ended in March. The
mean expectation of eleven analysts for the quarter was for a
loss of 90 cents per share.
    * Revenue rose 20.6% to $111.44 million from a year ago;
analysts
expected $107.05 million. 
    * iRhythm Technologies Inc's reported EPS for the quarter
was a
loss of $1.29​.
    * The mean earnings estimate of analysts had fallen by
about 16.6%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates 
    * iRhythm Technologies Inc shares had risen by 8.1% this
quarter and gained 43.1% so far this year.
    * The company reported a quarterly loss of $39.11 million.
    * Wall Street's median 12-month price target for iRhythm
Technologies Inc is $152.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
5 at 07:55 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.90          -1.10          Missed
 Dec. 31 2022      -0.62          -0.67          Missed
 Sep. 30 2022      -0.83          -0.63          Beat
 Jun. 30 2022      -0.91          -0.80          Beat