Natera Inc reports results for the quarter - Earnings Summary

Natera

13/11/2024 14:20

* Natera Inc  NTRA.OQ  reported a quarterly adjusted loss
of 26
cents​​ per share for the quarter , higher than the same quarter
last year, when the company reported EPS of -95 cents.  The mean
expectation of eighteen analysts for the quarter was for a loss
of 57 cents per share. Wall Street expected results to range
from -72 cents to -48 cents per share.
    * Revenue rose 63.9% to $439.76 million from a year ago;
analysts
expected $361.45 million. 
    * Natera Inc's reported EPS for the quarter was a loss of 26
cents​.
    * The company reported a quarterly loss of $31.59 million.
    * Natera Inc shares had risen by 6.4% this quarter and
gained 115.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.1%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 18 "strong buy" or "buy," no
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the healthcare
facilities & services peer group is also "buy"

Wall Street's median 12-month price target for Natera Inc is
$160.00 
This summary was machine generated from LSEG data November 13 at
02:20 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      -0.57          -0.26          Beat
 Jun. 30 2024      -0.69          -0.30          Beat
 Mar. 31 2024      -0.71          -0.56          Beat
 Dec. 31 2023      -0.73          -0.64          Beat