Inari Medical Inc reports results for the quarter ended in June - Earnings Summary

Inari Medical

02/08/2023 22:02

* Inari Medical Inc  NARI.OQ  reported quarterly adjusted
earnings
of 4 cents​​ per share for the quarter ended in June. The mean
expectation of nine analysts for the quarter was for a loss
of 13 cents per share.
    * Revenue rose 28.3% to $119.01 million from a year ago;
analysts
expected $116.63 million. 
    * Inari Medical Inc's reported EPS for the quarter was 4
cents​.
    * The mean earnings estimate of analysts had risen by
about 7.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Inari Medical Inc shares had fallen by 2.7% this
quarter and
lost 11.0% so far this year.
    * The company reported quarterly net income of $2.09
million.
    * Wall Street's median 12-month price target for Inari
Medical Inc
is $84.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 2 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.13          0.04           Beat
 Mar. 31 2023      -0.23          -0.04          Beat
 Dec. 31 2022      -0.17          -0.11          Beat
 Sep. 30 2022      -0.25          -0.19          Beat