LeMaitre Vascular Inc expected to post earnings of 47 cents a share - Earnings Preview

LeMaitre Vascular

30/07/2024 21:29

* LeMaitre Vascular Inc  LMAT.OQ   LMAT.O  is expected
to show a
rise in quarterly revenue when it reports  results on August 1
for the period ending June 30 2024
    * The Burlington Massachusetts-based  company is expected to
report a 9.7% increase in revenue to $54.986 million from $50.12
million a year ago, according to the mean estimate from 9
analysts, based on LSEG data.The company's guidance on May 2
2024, for the period ended June 30, was for revenue between
53.70 million and 56.10 million.
    * ​LSEG's mean analyst estimate for LeMaitre Vascular Inc is
for
earnings of 47 cents per share. The company's EPS guidance on
May 2 2024, for the period ended June 30, was about 0.47
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 2
"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 $78.00​, below​ its last closing price of $87.36. ​​​

The company's guidance on May 2 2024 for the period ended June
30 was for Earnings before Interest and Taxes of 12.9
million.The company's guidance on May 2 2024 for the period
ended June 30 was for gross profit margin of 68.6%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.39        0.39       0.44      Beat    13.6
 Dec. 31 2024  0.36        0.36       0.38      Beat    6.4
 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.        0.26        0.25       0.27      Beat    7.4
 31 2023                                                
 Dec. 31 2022  0.26        0.26       0.25      Missed  ​
 Jan. 1 0001   0.27        0.28       0.25      Missed  -9.9
 Jan. 1 0001   0.27        0.27       0.16      Missed  -39.6
 This summary was machine generated July 30 at 20:29 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)