Neuronetics Inc expected to post a loss of 23 cents a share - Earnings Preview

Neuronetics

08/11/2024 15:31

* Neuronetics Inc  STIM.OQ   STIM.O  is expected to show a
rise in
quarterly revenue when it reports  results on November 12 for
the period ending September 30 2024
    * The Malvern Pennsylvania-based  company is expected to
report a
7.0% increase in revenue to $19.133 million from $17.88 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.The company's guidance on August 12 2024, for
the period ended September 30, was for revenue between $18.50
million and $19.50 million.
    * ​LSEG's mean analyst estimate for Neuronetics Inc is for a
loss
of 23 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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 Neuronetics
Inc
is $3.00​, above​ its last closing price of $1.08. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  -0.27       -0.27      -0.33     Missed  -22.2
 Mar. 31 2024  -0.32       -0.31      -0.27     Beat    12.9
 Dec. 31 2023  -0.26       -0.26      -0.19     Beat    27.3​
 Sep. 30 2023  -0.31       -0.31      -0.33     Missed  -6.7
 ​​Jun.        -0.35       -0.35      -0.17     Beat    51.2
 30 2023                                                
 Mar. 31 2023  -0.39       -0.39      -0.38     Beat    2.1​
 Dec. 31 2022  -0.35       -0.38      -0.30     Beat    21.3
 Sep. 30 2022  -0.42       -0.42      -0.28     Beat    33.5
 This summary was machine generated November 8 at 15:31 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)