Nevro Corp expected to post a loss of 68 cents a share - Earnings Preview

Nevro

03/08/2024 03:21

* Nevro Corp  NVRO.N   NVRO.K  is expected to show a fall in
quarterly revenue when it reports  results on August 6 for the
period ending June 30 2024
    * The Redwood City California-based  company is expected to
report
a 1.3% decrease in revenue to $107.348 million from $108.81
million a year ago, according to the mean estimate from 16
analysts, based on LSEG data.The company's guidance on May 7
2024, for the period ended June 30, was for revenue between
$106.00 million and $108.00 million.
    * ​LSEG's mean analyst estimate for Nevro Corp is for a loss
of 68
cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 11
"hold" and 5 "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
$12.50​, above​ its last closing price of $9.05. ​​​

The company's guidance on May 7 2024 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between 106 million and -2.5 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  
 Mar. 31 2024  -1.07       -1.05      -0.58     Beat    44.9
 Jan. 1 2024   -0.53       -0.49      -0.25     Beat    15.4
 Jan. 1 0001   -0.80       -0.77      -0.65     Beat    15.4​
 Mar. 31 2023  -0.69       -0.69      -0.69     Met     0.1
 ​​Mar.                    -1.04      -0.98     Beat    6
 31 2023                                                
 Jan. 1 0001               -0.49      -0.54     Missed  -10.7​
 Jan. 1 0001   0.22        -0.10      2.22      Beat    2,383.
                                                        2
 Jun. 30 2022  -0.82       -0.82      -0.71     Beat    13.1
 This summary was machine generated August 3 at 02:21 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)