NanoString Technologies Inc expected to post a loss of 51 cents a share - Earnings Preview

NS Wind Down Co

05/11/2022 03:20

* NanoString Technologies Inc  NSTG.OQ   NSTG.O  is expected
to show a fall in quarterly revenue when it reports  results on
November 7. 
    * The Seattle Washington-based  company is expected to
report  a
4.2% decrease in revenue to $35.598 million from $37.15 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. The company's guidance on August 4
2022, for the period ended September 30, was for revenue between
$34.00 million and $37.00 million.
    * ​Refinitiv's mean analyst estimate for NanoString
Technologies
Inc is for a loss of 51 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "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 NanoString
Technologies Inc is $29​, above​ its last closing price
of $9.62. ​​​

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 2022  -0.70       -0.68      -0.85     Missed  -24.3
 Mar. 31 2022  -0.59       -0.59      -0.86     Missed  -44.8
 Dec. 31 2021  -0.61       -0.59      -0.64     Missed  -8​
 Sep. 30 2021  -0.53       -0.54      -0.69     Missed  -27.2
 ​​Jun.        -0.59       -0.58      -0.60     Missed  -2.6
 30 2021                                                
 Mar. 31 2021  -0.55       -0.54      -0.62     Missed  -15.7​
 Dec. 31 2020  -0.47       -0.49      -0.53     Missed  -8.2
 Sep. 30 2020  -0.62       -0.60      -0.56     Beat    7.3
 This summary was machine generated November 5 at 03:19 GMT.  All
figures in US dollars  unless otherwise stated