Nevro Corp expected to post a loss of 49 cents a share - Earnings Preview

Nevro

20/02/2024 03:01

* Nevro Corp  NVRO.N   NVRO.K  is expected to show a fall in
quarterly revenue when it reports  results on February 21 for
the period ending December 31 2023
    * The Redwood City California-based  company is expected to
report
a 1.2% decrease in revenue to $112.477 million from $113.84
million a year ago, according to the mean estimate from 16
analysts, based on LSEG data.The company's guidance on January 9
2024, for the period ended December 31, was for revenue of
$116.000 million. (Revenue is on Total Revenue.)
    * ​LSEG's mean analyst estimate for Nevro Corp is for a loss
of 49
cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 12
"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
$20.00​, above​ its last closing price of $17.32. ​​​

The company's guidance on November 1 2023 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD116 million and USD2
million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.80       -0.77      -0.65     Beat    15.4
 Jun. 30 2023  -0.69       -0.69      -0.69     Met     0.1
 Mar. 31 2023  -1.05       -1.04      -0.98     Beat    6​
 Dec. 31 2022  -0.50       -0.49      -0.54     Missed  -10.7
 ​​Sep.        0.22        -0.10      2.22      Beat    2,383.
 30 2022                                                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. 31 2021  -0.85       -0.86      -0.86     Met     -0.2
 This summary was machine generated February 20 at 03:01 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)