Koru Medical Systems Inc Expected To Post A Loss Of 6 Cents A Share: Earnings Preview

Koru Medical Systems

08/08/2023 03:01

* KORU Medical Systems Inc  KRMD.OQ   KRMD.O  is expected
to show
a rise in quarterly revenue when it reports  results on August
9. 
    * The Mahwah New Jersey-based  company is expected to report
 a
10.3% increase in revenue to $7.223 million from $6.55 million a
year ago, according to the mean estimate from 3 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for KORU Medical
Systems Inc
is for a loss of 6 cents per share. 
    * 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 KORU
Medical
Systems Inc is $4​, above​ its last closing price of $2.46. ​​​

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  -0.04       -0.05      -0.05     Met     0
 Dec. 31 2023  -0.06       -0.06      -0.04     Beat    29.4
 Sep. 30 2022  -0.05       -0.05      -0.03     Beat    43.7​
 Jun. 30 2022  -0.06       -0.07      -0.07     Met     0
 ​​Mar.        -0.06       -0.06      -0.06     Met     -5.9
 31 2022                                                
 Dec. 31 2021  -0.04       -0.03      -0.02     Beat    40​
 Sep. 30 2021  -0.03       -0.02      -0.02     Met     14.3
 Jun. 30 2021  -0.02       -0.02      -0.03     Missed  -50
 This summary was machine generated August 8 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated