LivaNova PLC reports results for the quarter ended in September 30 - Earnings Summary

Livanova

30/10/2024 13:19

* LivaNova PLC  LIVN.OQ  reported quarterly adjusted
earnings of
90 cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of 73 cents.  The mean expectation of nine analysts for the
quarter was for earnings of 72 cents per share. Wall Street
expected results to range from 70 cents to 75 cents per share.
    * Revenue rose 11.2% to $318.10 million from a year ago;
analysts
expected $300.49 million. 
    * LivaNova PLC's reported EPS for the quarter was 60 cents​.
    * The company reported quarterly net income of $33 million.
    * LivaNova PLC shares had risen by 0.8% this quarter and
gained 2.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.5%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 2
"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
$70.00 
This summary was machine generated from LSEG data October 30 at
01:19 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
 Sep. 30 2024      0.72           0.90           Beat
 Jun. 30 2024      0.78           0.93           Beat
 Mar. 31 2024      0.49           0.73           Beat
 Dec. 31 2023      0.77           0.87           Beat