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

NuVasive

06/05/2022 01:46

* NuVasive Inc  NUVA.OQ  reported quarterly adjusted
earnings of
54 cents​​ per share for the quarter ended in March. The mean
expectation of sixteen analysts for the quarter was for earnings
of 39 cents per share.
    * Revenue rose 7.2% to $290.76 million from a year ago; 
analysts
expected $277.97 million. 
    * NuVasive Inc's reported EPS for the quarter was 35 cents​.
    * The mean earnings estimate of analysts had fallen by
about 18.1%
in the last three months.​ 
    * In the last 30 days four analysts negatively revised
earnings
estimates 
    * NuVasive Inc shares had fallen by 0.7% this quarter and
gained 7.3% so far this year.
    * The company reported quarterly net income of $19.2
million.
    * Wall Street's median 12-month price target for NuVasive
Inc is
$65.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 7
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated May 6 at 12:46 a.m.  ​All
figures in US dollars unless otherwise stated