MiMedx Group Inc expected to post earnings of 7 cents a share - Earnings Preview

MiMedx

26/02/2024 23:04

* MiMedx Group Inc  MDXG.OQ   MDXG.O  is expected to show a
rise
in quarterly revenue when it reports  results on February 28 for
the period ending December 31 2023
    * The Marietta Georgia-based  company is expected to report
a
14.4% increase in revenue to $85.05 million from $74.38 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for MiMedx Group Inc is for
earnings of 7 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"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 MiMedx
Group Inc
is $12.00​, above​ its last closing price of $8.26. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.04        0.05       0.06      Beat    33.3
 Jun. 30 2023  -0.02       -0.02      0.00      Beat    100
 Mar. 31 2023  -0.08       -0.09      -0.06     Beat    30.8​
 Dec. 31 2022  -0.04       -0.04      -0.02     Beat    45.5
 ​​Sep.        -0.07       -0.08      -0.09     Missed  -16.1
 30 2022                                                
 Jun. 30 2022  -0.05       -0.06      -0.11     Missed  -94.1​
 Mar. 31 2022  -0.10       -0.10      -0.11     Missed  -10
 Dec. 31 2021  -0.02       -0.03      0.01      Beat    130
 This summary was machine generated February 26 at 23:04 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)