Nevro Corp expected to post a loss of $1.05 a share - Earnings Preview

Nevro

04/05/2024 03:11

* Nevro Corp  NVRO.N   NVRO.K  is expected to show a rise in
quarterly revenue when it reports  results on May 7 for the
period ending March 31 2024
    * The Redwood City California-based  company is expected to
report
a 1.6% increase in revenue to $97.892 million from $96.33
million a year ago, according to the mean estimate from 16
analysts, based on LSEG data.The company's guidance on February
21 2024, for the period ended March 31, was for revenue between
$97.00 million and $99.00 million.
    * ​LSEG's mean analyst estimate for Nevro Corp is for a loss
of
$1.05 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 13
"hold" and 4 "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 Nevro Corp
is
$16.00​, above​ its last closing price of $11.29. ​​​

The company's guidance on February 21 2024 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between 97 million and -15 million (USD).
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -0.53       -0.49      -0.25     Beat    48.9
 Sep. 30 2023  -0.80       -0.77      -0.65     Beat    15.4
 Jun. 30 2023  -0.69       -1.04      -0.69     Beat    0.1​
 Mar. 31 2023  -1.05       -1.04      -0.98     Beat    6
 ​​Dec.        -0.50       -0.49      -0.54     Missed  -10.7
 31 2022                                                
 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
 This summary was machine generated May 4 at 02:11 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)