NanoString Technologies Inc expected to post a loss of 58 cents a share - Earnings Preview

NS Wind Down Co

25/02/2023 03:08

* NanoString Technologies Inc  NSTG.OQ   NSTG.O  is expected
to show a fall in quarterly revenue when it reports  results on
February 28. 
    * The Seattle Washington-based  company is expected to
report  a
20.6% decrease in revenue to $33.714 million from $42.46 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. The company's guidance on November 7
2022, for the period ended December 31, was for revenue between
$33.00 million and $35.00 million.
    * ​Refinitiv's mean analyst estimate for NanoString
Technologies
Inc is for a loss of 58 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "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 $15​, above​ its last closing price
of $9.37. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  -0.53       -0.51      -0.79     Missed  -55.5
 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.        -0.53       -0.54      -0.69     Missed  -27.2
 30 2021                                                
 Jun. 30 2021  -0.59       -0.58      -0.60     Missed  -2.6​
 Mar. 31 2021  -0.55       -0.54      -0.62     Missed  -15.7
 Dec. 31 2020  -0.47       -0.49      -0.53     Missed  -8.2
 This summary was machine generated February 25 at 03:07 GMT. 
All figures in US dollars  unless otherwise stated