Nevro Corp NVRO.N, NVRO.K is expected to show a fall in quarterly revenue when it reports results on March 4 for the period ending December 31 2024
The Redwood City California-based company is expected to report a 11.7% decrease in revenue to $102.544 million from $116.18 million a year ago, according to the mean estimate from 14 analysts, based on LSEG data.The company's guidance on January 13 2025, for the period ended December 31, was for revenue between $105.00 million and $106.00 million.
LSEG's mean analyst estimate for Nevro Corp is for a loss of 77 cents per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 13 "hold" and 1 "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 $5.85, above its last closing price of $5.73.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Sep. 30 2024
-0.82
-0.81
-0.41
Beat
49.5
Jun. 30 2024
-0.65
-0.68
-0.53
Beat
22.6
Mar. 31 2024
-1.07
-1.05
-0.58
Beat
44.9
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
-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
This summary was machine generated February 28 at 21:28 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)