Natera Inc reports results for the quarter ended in June - Earnings Summary

Natera

09/08/2024 24:34

* Natera Inc  NTRA.OQ  reported a quarterly adjusted loss
of 30
cents​​ per share for the quarter ended in June, higher than the
same quarter last year, when the company reported EPS of -97
cents.  The mean expectation of seventeen analysts for the
quarter was for a loss of 69 cents per share. Wall Street
expected results to range from -79 cents to -59 cents per share.
    * Revenue rose 58.1% to $413.35 million from a year ago;
analysts
expected $343.01 million. 
    * Natera Inc's reported EPS for the quarter was a loss of 30
cents​.
    * The company reported a quarterly loss of $37.46 million.
    * Natera Inc shares had fallen by 7.3% this quarter and
gained 60.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 5.9%
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
$125.00 
This summary was machine generated from LSEG data August 8 at
11:34 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
 Jan. 1 0001       -0.69          -0.30          Beat
 Mar. 31 2024      -0.71          -0.56          Beat
 Dec. 31 2023      -0.73          -0.64          Beat
 Sep. 30 2023      -0.96          -0.95          Beat