NuVasive Inc expected to post earnings of 43  cents a share - Earnings Preview

NuVasive

08/05/2023 22:58

* NuVasive Inc  NUVA.OQ   NUVA.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 10. 
    * The San Diego California-based  company is expected to
report  a
2.6% increase in revenue to $298.222 million from $290.76
million a year ago, according to the mean estimate from 13
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for NuVasive Inc is for
earnings of 43 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 12
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.2%
in the last three months. ​
    * Wall Street's median 12-month price target for NuVasive
Inc is
$49.5​, above​ its last closing price of $42.57. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.51        0.51       0.43      Missed  -15.5
 Sep. 30 2022  0.53        0.54       0.54      Met     0.4
 Jun. 30 2022  0.56        0.56       0.47      Missed  -15.9​
 Mar. 31 2022  0.38        0.39       0.54      Beat    39.7
 ​​Dec.        0.49        0.49       0.40      Missed  -17.5
 31 2021                                                
 Sep. 30 2021  0.52        0.53       0.32      Missed  -40.1​
 Jun. 30 2021  0.46        0.44       0.60      Beat    35
 Mar. 31 2021  0.36        0.35       0.37      Beat    5.9
 This summary was machine generated May 8 at 21:58 GMT.  All
figures in US dollars  unless otherwise stated