LeMaitre Vascular Inc expected to post earnings of 36 cents a share - Earnings Preview

LeMaitre Vascular

24/02/2024 24:35

* LeMaitre Vascular Inc  LMAT.OQ   LMAT.O  is expected
to show a
rise in quarterly revenue when it reports  results on February
27 for the period ending December 31 2023
    * The Burlington Massachusetts-based  company is expected to
report a 19.7% increase in revenue to $49.021 million from
$40.95 million a year ago, according to the mean estimate from 9
analysts, based on LSEG data.The company's guidance on November
1 2023, for the period ended December 31, was for revenue
between 48.00 million and 50.00 million. (Majority is on Total
Revenue basis)
    * ​LSEG's mean analyst estimate for LeMaitre Vascular Inc is
for
earnings of 36 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 4
"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 LeMaitre
Vascular
Inc is $63.00​, above​ its last closing price of $62.19. ​​​

The company's guidance on November 1 2023 for the period ended
December 31 was for Earnings before Interest and Taxes between
9.4 million and 10.7 million.The company's guidance on November
1 2023 for the period ended December 31 was for gross profit
margin of 65%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.30        0.30       0.33      Beat    9.1
 Jun. 30 2023  0.32        0.32       0.36      Beat    13.8
 Mar. 31 2023  0.25        0.25       0.27      Beat    7.4​
 Dec. 31 2022  0.26        0.26       0.25      Missed  -3.3
 ​​Sep.        0.27        0.28       0.25      Missed  -9.9
 30 2022                                                
 Jun. 30 2022  0.27        0.27       0.16      Missed  -39.6​
 Mar. 31 2022  0.28        0.28       0.27      Missed  -2.6
 Dec. 31 2021  0.31        0.31       0.28      Missed  -8.6
 This summary was machine generated February 24 at 00:35 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)