Nevro Corp expected to post a loss of 81 cents a share - Earnings Preview

Nevro

08/11/2024 21:48

* Nevro Corp  NVRO.N   NVRO.K  is expected to show a fall in
quarterly revenue when it reports  results on November 11 for
the period ending September 30 2024
    * The Redwood City California-based  company is expected to
report
a 10.4% decrease in revenue to $93.066 million from $103.86
million a year ago, according to the mean estimate from 15
analysts, based on LSEG data.The company's guidance on August 6
2024, for the period ended September 30, was for revenue between
$92.00 million and $94.00 million.
    * ​LSEG's mean analyst estimate for Nevro Corp is for a loss
of 81
cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "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
$7.00​, above​ its last closing price of $5.34. ​​​

The company's guidance on August 6 2024 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between 92 million and -9
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  
 Jun. 30 2024  -0.65       -0.68      -0.53     Beat    22.6
 Mar. 31 2024  -1.07       -1.05      -0.58     Beat    44.9
 Jan. 1 0001   -0.53       -0.49      -0.25     Beat    48.9​
 Sep. 30 2023  -0.80       -0.77      -0.65     Beat    15.4
 ​​Jan.        -0.69       -0.69      -0.69     Met     0.1
 1 0001                                                 
 Jan. 1 0001   -1.05                  -0.98             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
 This summary was machine generated November 8 at 21:48 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)