NuVasive Inc expected to post earnings of 51cents a share - Earnings Preview

NuVasive

20/02/2023 23:42

* NuVasive Inc  NUVA.OQ   NUVA.O  is expected to show a rise
in
quarterly revenue when it reports  results on February 22. 
    * The San Diego California-based  company is expected to
report  a
3.0% increase in revenue to $311.1 million from $302.08 million
a year ago, according to the mean estimate from 15 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for NuVasive Inc is for
earnings of 51 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 13
"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 NuVasive
Inc is
$50​, above​ its last closing price of $44.40. ​​​

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        0.54       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. 31 2021  0.49        0.49       0.40      Missed  -17.5
 ​​Sep.        0.52        0.53       0.32      Missed  -40.1
 30 2021                                                
 Jun. 30 2021  0.46        0.44       0.60      Beat    35​
 Mar. 31 2021  0.36        0.35       0.37      Beat    5.9
 Dec. 31 2020  0.55        0.55       0.59      Beat    6.4
 This summary was machine generated February 20 at 23:42 GMT. 
All figures in US dollars  unless otherwise stated