IRadimed Corp expected to post earnings of 36  cents a share - Earnings Preview

IRADIMED

01/11/2023 18:19

* IRadimed Corp  IRMD.OQ   IRMD.O  is expected to show a
rise in
quarterly revenue when it reports  results 
    * The Winter Springs Florida-based  company is expected to
report 
a 20.6% increase in revenue to $16.175 million from $13.41
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data. The company's guidance on August 3
2023, for the period ended September 30, was for revenue between
$16.10 million and $16.30 million.
    * ​Refinitiv's mean analyst estimate for IRadimed Corp is
for
earnings of 36 cents per share. The company's EPS guidance on
August 3 2023, for the period ended September 30, was between
$0.36 and $0.38 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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
$60​, above​ its last closing price of $40.74. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.30        0.31       0.36      Beat    16.1
 Mar. 31 2023  0.28        0.28       0.30      Beat    5.9
 Dec. 31 2022  0.30        0.30       0.32      Beat    6.7​
 Sep. 30 2022  0.25        0.25       0.29      Beat    18.4
 ​​Jun.        0.24        0.24       0.26      Beat    10.6
 30 2022                                                
 Mar. 31 2022  0.21        0.21       0.22      Beat    7.3​
 Dec. 31 2021  0.21        0.21       0.33      Beat    57.1
 Sep. 30 2021  0.17        0.17       0.23      Beat    35.3
 This summary was machine generated November 1 at 18:19 GMT.  All
figures in US dollars  unless otherwise stated