Merit Medical Systems Inc expected to post earnings of 53cents a share - Earnings Preview

Merit Medical Systems

25/10/2022 01:02

* Merit Medical Systems Inc  MMSI.OQ   MMSI.O  is expected
to show
a rise in quarterly revenue when it reports  results on October
26. 
    * The South Jordan Utah-based  company is expected to report
 a
2.0% increase in revenue to $272.359 million from $267.02
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. The company's guidance on
July 27 2022, for the period ended September 30, was for revenue
between $269.69 million and $277.70 million.
    * ​Refinitiv's mean analyst estimate for Merit Medical
Systems Inc
is for earnings of 53 cents per share. The company's EPS
guidance on July 27 2022, for the period ended September 30, was
between USD0.494 and USD0.546 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"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 Merit
Medical
Systems Inc is $72​, above​ its last closing price of $58.00.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  0.58        0.58       0.73      Beat    26.3
 Mar. 31 2022  0.47        0.47       0.53      Beat    13.9
 Dec. 31 2021  0.51        0.52       0.71      Beat    36.5​
 Sep. 30 2021  0.44        0.44       0.52      Beat    19.2
 ​​Jun.        0.45        0.44       0.62      Beat    39.7
 30 2021                                                
 Mar. 31 2021  0.36        0.36       0.52      Beat    45.4​
 Dec. 31 2020  0.44        0.43       0.54      Beat    24.3
 Sep. 30 2020  0.19        0.20       0.42      Beat    112.4
 This summary was machine generated October 25 at 00:02 GMT.  All
figures in US dollars  unless otherwise stated