Neuronetics Inc expected to post a loss of 31 cents a share - Earnings Preview

Neuronetics

03/11/2023 18:48

* Neuronetics Inc  STIM.OQ   STIM.O  is expected to show a
rise in
quarterly revenue when it reports  results 
    * The Malvern Pennsylvania-based  company is expected to
report  a
6.5% increase in revenue to $17.578 million from $16.5 million a
year ago, according to the mean estimate from 4 analysts, based
on LSEG data. The company's guidance on August 8 2023, for the
period ended September 30, was for revenue between $17.00
million and $18.00 million.
    * ​Refinitiv's mean analyst estimate for Neuronetics Inc is
for a
loss of 31 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 $7​, above​ its last closing price of $1.16. ​​​

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 2023  -0.35       -0.35      -0.17     Beat    51.2
 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
 ​​Jun.        -0.41       -0.41      -0.39     Beat    5.3
 30 2022                                                
 Mar. 31 2022  -0.40       -0.40      -0.41     Missed  -2.6​
 Dec. 31 2021  -0.31       -0.32      -0.29     Beat    8.2
 Sep. 30 2021  -0.32       -0.30      -0.31     Missed  -2.6
 This summary was machine generated November 3 at 18:48 GMT.  All
figures in US dollars  unless otherwise stated