NuVasive Inc expected to post earnings of 44 cents a share - Earnings Preview

NuVasive

26/07/2021 22:20

* NuVasive Inc  NUVA.OQ   NUVA.O  is expected to show a rise in
quarterly revenue when it reports results on July 28. 
* The San Diego, California-based company is expected to report 
 a 40.2% increase in revenue to $285.51 million from $203.61
million a year ago, according to the mean estimate from 17
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for NuVasive Inc is for
earnings of 44 cents per share. For the same quarter last year,
the company reported a loss of 40 cents per share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 8 "strong buy" or "buy," 8
"hold" and 3 "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 NuVasive Inc is
$75​, about 13.9% above​ its last closing price of $64.61. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.36        0.35       0.37      Beat    5.9
 Dec. 31 2020  0.55        0.55       0.59      Beat    6.4
 Sep. 30 2020  0.23        0.24       0.55      Beat    130.9​
 Jun. 30 2020  -0.40       -0.47      -0.40     Beat    15.6
 Mar.          0.38​       0.41       0.48      Beat    17.3​
 31​ 2020​                                              
 Dec. 31 2019  0.64        0.64       0.73      Beat    14.3​
 Sep. 30 2019  0.54        0.53       0.59      Beat    10.5
 Jun. 30 2019  0.56        0.56       0.63      Beat    13.1
 This summary was machine generated July 26 at 21:20 GMT.  All
figures in US dollars unless otherwise stated