NuVasive Inc reports results for the quarter ended in June - Earnings Summary

NuVasive

02/08/2023 22:49

* NuVasive Inc  NUVA.OQ  reported quarterly adjusted
earnings of
56 cents​​ per share for the quarter ended in June. The mean
expectation of sixteen analysts for the quarter was for earnings
of 55 cents per share.
    * Revenue rose 2.4% to $317.79 million from a year ago;
analysts
expected $322.05 million. 
    * NuVasive Inc's reported EPS for the quarter was 14 cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * NuVasive Inc shares had fallen by 1.8% this quarter and
lost 1.0% so far this year.
    * The company reported quarterly net income of $7.36
million.
    * Wall Street's median 12-month price target for NuVasive
Inc is
$50.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 2 at 09:48 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.55           0.56           Beat
 Mar. 31 2023      0.43           0.47           Beat
 Dec. 31 2022      0.51           0.43           Missed
 Sep. 30 2022      0.54           0.54           Met