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

Livanova

31/07/2024 14:52

* LivaNova PLC  LIVN.OQ  reported quarterly adjusted
earnings of
93 cents​​ per share for the quarter ended in January, higher
than the same quarter last year, when the company reported EPS
of 78 cents.  The mean expectation of eight analysts for the
quarter was for earnings of 78 cents per share. Wall Street
expected results to range from 72 cents to 82 cents per share.
    * Revenue rose 8.4% to $318.60 million from a year ago;
analysts
expected $304.18 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 fallen by 6.4% this quarter and
lost 0.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

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." 
    * The average consensus recommendation for the medical
equipment,
supplies & distribution peer group is also "buy"

Wall Street's median 12-month price target for LivaNova PLC is
$72.00 
This summary was machine generated from LSEG data July 31 at
01:52 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
 Jun. 30 2024      0.78           0.93           Beat
 Mar. 31 2024      0.49           0.73           Beat
 Dec. 31 2023      0.77           0.87           Beat
 Sep. 30 2023      0.64           0.73           Beat