Inmode Ltd expected to post earnings of 41 cents a share - Earnings Preview

InMode

30/04/2024 14:29

* Inmode Ltd  INMD.OQ   INMD.O  is expected to show a fall
in
quarterly revenue when it reports  results on May 2 for the
period ending March 31 2024
    * The Yokneam Israel-based   company is expected to report a
15.6% decrease in revenue to $89.484 million from $106.07
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.The company's guidance on April 9
2024, for the period ended March 31, was for revenue between
$80.00 million and $80.10 million.
    * ​LSEG's mean analyst estimate for Inmode Ltd is for
earnings of
41 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"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 Inmode Ltd
is
$28.00​, above​ its last closing price of $17.23. ​​​

The company's guidance on April 9 2024 for the period ended
March 31 was for gross profit margin between USD79.5% and
USD81%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.68        0.67       0.71      Beat    6.2
 Jan. 1 2023   0.63        0.64       0.61      Missed  -4.7
 Jun. 30 2023  0.65        0.64       0.72      Beat    11.9​
 Mar. 31 2023  0.47        0.47       0.52      Beat    10.9
 ​​Dec.        0.67        0.67       0.78      Beat    17.1
 31 2022                                                
 Sep. 30 2022  0.64        0.58       0.66      Beat    13​
 Jun. 30 2022  0.51        0.51       0.59      Beat    15
 Mar. 31 2022  0.37        0.38       0.40      Beat    6.7
 This summary was machine generated April 30 at 13:29 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)