IRadimed Corp expected to post earnings of 34 cents a share - Earnings Preview

IRADIMED

30/04/2024 16:50

* IRadimed Corp  IRMD.OQ   IRMD.O  is expected to show a
rise in
quarterly revenue when it reports  results on May 2 for the
period ending March 31 2024
    * The Winter Springs Florida-based  company is expected to
report
a 10.7% increase in revenue to $17.13 million from $15.48
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.The company's guidance on February
8 2024, for the period ended March 31, was for revenue between
$17.00 million and $17.30 million.
    * ​LSEG's mean analyst estimate for IRadimed Corp is for
earnings
of 34 cents per share. The company's EPS guidance on February 8
2024, for the period ended March 31, was between $0.33 and
$0.35 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"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 IRadimed
Corp is
$62.50​, above​ its last closing price of $40.90. ​​​

This summary was machine generated April 30 at 15:50 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)