LivaNova PLC reports results for the quarter ended in December - Earnings Summary

Livanova

21/02/2024 14:31

* LivaNova PLC  LIVN.OQ  reported quarterly adjusted
earnings of
87 cents​​ per share for the quarter ended in December, higher
than the same quarter last year, when the company reported EPS
of 81 cents.  The mean expectation of eight analysts for the
quarter was for earnings of 77 cents per share. Wall Street
expected results to range from 73 cents to 86 cents per share.
    * Revenue rose 12.8% to $310.10 million from a year ago;
analysts
expected $287.11 million. 
    * LivaNova PLC's reported EPS for the quarter was 30 cents​.
    * The company reported quarterly net income of $16.3
million.
    * LivaNova PLC shares had risen by 1.7% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.4%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for LivaNova
PLC is
$62.00 

This summary was machine generated from LSEG data February 21 at
02:30 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.77           0.87           Beat
 Sep. 30 2023      0.64           0.73           Beat
 Jun. 30 2023      0.54           0.78           Beat
 Mar. 31 2023      0.39           0.43           Beat