Nevro Corp expected to post a loss of $1.04 a share - Earnings Preview

Nevro

25/04/2023 01:35

* Nevro Corp  NVRO.N   NVRO.K  is expected to show a rise in
quarterly revenue when it reports  results on April 26. 
    * The Redwood City California-based  company is expected to
report
 a 8.4% increase in revenue to $95.183 million from $87.84
million a year ago, according to the mean estimate from 13
analysts, based on Refinitiv data. The company's guidance on
February 16 2023, for the period ended March 31, was for revenue
between $94.00 million and $96.00 million.
    * ​Refinitiv's mean analyst estimate for Nevro Corp is for a
loss
of $1.04 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 10
"hold" and 4 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 1.0%
in the last three months. ​
    * Wall Street's median 12-month price target for Nevro Corp
is
$40​, above​ its last closing price of $33.89. ​​​

The company's guidance on February 16 2023 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between 94 million and -19 million (USD).
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  -0.50       -0.49      -0.54     Missed  -10.7
 Sep. 30 2022  0.22        -0.10      2.22      Beat    2,383.
                                                        2
 Jun. 30 2022  -0.82       -0.82      -0.71     Beat    13.1​
 Mar. 31 2022  -1.10       -1.10      -0.98     Beat    11
 ​​Dec.        -0.85       -0.86      -0.86     Met     -0.2
 31 2021                                                
 Sep. 30 2021  -0.88       -0.87      -0.86     Beat    0.7​
 Jun. 30 2021  -0.73       -0.73      -0.62     Beat    15.4
 Mar. 31 2021  -0.87       -0.84      -0.85     Missed  -1.6
 This summary was machine generated April 25 at 00:35 GMT.  All
figures in US dollars  unless otherwise stated