Inmode Ltd reports results for the quarter ended in June - Earnings Summary

InMode

27/07/2023 14:32

* Inmode Ltd  INMD.OQ  reported quarterly adjusted earnings
of 72
cents​​ per share for the quarter ended in June. The mean
expectation of six analysts for the quarter was for earnings of
64 cents per share.
    * Revenue rose 19.8% to $136.08 million from a year ago;
analysts
expected $132.00 million. 
    * Inmode Ltd's reported EPS for the quarter was 65 cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.1%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Inmode Ltd shares had risen by 20.6% this quarter and
gained 26.1% so far this year.
    * The company reported quarterly net income of $55.73
million.
    * Wall Street's median 12-month price target for Inmode Ltd
is
$48.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data July
27 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.64           0.72           Beat
 Mar. 31 2023      0.47           0.52           Beat
 Dec. 31 2022      0.67           0.78           Beat
 Sep. 30 2022      0.58           0.66           Beat