Nevro Corp expected to post a loss of 77 cents a share - Earnings Preview

Nevro

31/10/2023 01:35

* Nevro Corp  NVRO.N   NVRO.K  is expected to show a fall in
quarterly revenue when it reports  results on November 1. 
    * The Redwood City California-based  company is expected to
report
 a 4.0% decrease in revenue to $96.457 million from $100.47
million a year ago, according to the mean estimate from 15
analysts, based on Refinitiv data. The company's guidance on
August 1 2023, for the period ended September 30, was for
revenue between $95.00 million and $97.00 million.
    * ​Refinitiv'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 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
$22​, above​ its last closing price of $14.18. ​​​

The company's guidance on August 9 2023 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between 95 million and -8
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  
 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. 30 2022  0.22        -0.10      2.22      Beat    2,383.
                                                        2
 ​​Jun.        -0.82       -0.82      -0.71     Beat    13.1
 30 2022                                                
 Mar. 31 2022  -1.10       -1.10      -0.98     Beat    11​
 Dec. 31 2021  -0.85       -0.86      -0.86     Met     -0.2
 Sep. 30 2021  -0.88       -0.87      -0.86     Beat    0.7
 This summary was machine generated October 31 at 01:35 GMT.  All
figures in US dollars  unless otherwise stated