Inmode Ltd expected to post earnings of 64  cents a share - Earnings Preview

InMode

25/07/2023 19:33

* Inmode Ltd  INMD.OQ   INMD.O  is expected to show a rise
in
quarterly revenue when it reports  results on July 27. 
    * The Yokneam Israel-based   company is expected to report 
a
16.3% increase in revenue to $132.003 million from $113.55
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. The company's guidance on
July 12 2023, for the period ended June 30, was for revenue
between $135.70 million and $135.90 million.
    * ​Refinitiv's mean analyst estimate for Inmode Ltd is for
earnings of 64 cents per share. The company's EPS guidance on
July 12 2023, for the period ended June 30, was between $0.70
and $0.71 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "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 Inmode Ltd
is
$48​, above​ its last closing price of $44.63. ​​​

The company's guidance on July 12 2023 for the period ended June
30 was for gross profit margin between USD83% and USD85%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.47        0.47       0.52      Beat    10.9
 Dec. 31 2023  0.67        0.67       0.78      Beat    17.1
 Sep. 30 2022  0.64        0.58       0.66      Beat    13​
 Jun. 30 2022  0.51        0.51       0.59      Beat    15
 ​​Mar.        0.37        0.38       0.40      Beat    6.7
 31 2022                                                
 Dec. 31 2021  0.56        0.56       0.64      Beat    15.3​
 Sep. 30 2021  0.53        0.50       0.55      Beat    10
 Jun. 30 2021  0.50        0.43       0.51      Beat    17.8
 This summary was machine generated July 25 at 18:32 GMT.  All
figures in US dollars  unless otherwise stated