Nevro Corp expected to post a loss of 69 cents a share - Earnings Preview

Nevro

29/07/2023 03:41

* Nevro Corp  NVRO.N   NVRO.K  is expected to show a rise in
quarterly revenue when it reports  results on August 1. 
    * The Redwood City California-based  company is expected to
report
 a 2.6% increase in revenue to $106.878 million from $104.21
million a year ago, according to the mean estimate from 9
analysts, based on Refinitiv data. The company's guidance on
June 5 2023, for the period ended June 30, was for revenue
between $106.00 million and $108.00 million.
    * ​Refinitiv's mean analyst estimate for Nevro Corp is for a
loss
of 69 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 10
"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
$31​, above​ its last closing price of $24.43. ​​​

The company's guidance on April 26 2023 for the period ended
June 30 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between 106 million and -4 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  
 Mar. 31 2023  -1.05       -1.04      -0.98     Beat    6
 Dec. 31 2023  -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.        -1.10       -1.10      -0.98     Beat    11
 31 2022                                                
 Dec. 31 2021  -0.85       -0.86      -0.86     Met     -0.2​
 Sep. 30 2021  -0.88       -0.87      -0.86     Beat    0.7
 Jun. 30 2021  -0.73       -0.73      -0.62     Beat    15.4
 This summary was machine generated July 29 at 02:41 GMT.  All
figures in US dollars  unless otherwise stated