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

NuVasive

10/05/2023 22:40

* NuVasive Inc  NUVA.OQ  reported quarterly adjusted
earnings of
47 cents​​ per share for the quarter ended in March. The mean
expectation of sixteen analysts for the quarter was for earnings
of 43 cents per share.
    * Revenue rose 5.8% to $307.71 million from a year ago;
analysts
expected $298.22 million. 
    * NuVasive Inc's reported EPS for the quarter was a loss
of 2
cents​.
    * The mean earnings estimate of analysts had fallen by
about 10.3%
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 risen by 0.2% this quarter and
gained 0.4% so far this year.
    * The company reported a quarterly loss of $1.01 million.
    * Wall Street's median 12-month price target for NuVasive
Inc is
$49.50 
    * 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 May
10 at 09:40 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.43           0.47           Beat
 Dec. 31 2022      0.51           0.43           Missed
 Sep. 30 2022      0.54           0.54           Met
 Jun. 30 2022      0.56           0.47           Missed