NuVasive Inc expected to post earnings of 55  cents a share - Earnings Preview

NuVasive

01/08/2023 03:03

* NuVasive Inc  NUVA.OQ   NUVA.O  is expected to show a rise
in
quarterly revenue when it reports  results on August 2. 
    * The San Diego California-based  company is expected to
report  a
3.7% increase in revenue to $322.051 million from $310.45
million a year ago, according to the mean estimate from 12
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for NuVasive Inc is for
earnings of 55 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 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 $41.21. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.43        0.43       0.47      Beat    9.8
 Dec. 31 2023  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.        0.38        0.39       0.54      Beat    39.7
 31 2022                                                
 Dec. 31 2021  0.49        0.49       0.40      Missed  -17.5​
 Sep. 30 2021  0.52        0.53       0.32      Missed  -40.1
 Jun. 30 2021  0.46        0.44       0.60      Beat    35
 This summary was machine generated August 1 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated