Omnicell Inc expected to post a loss of 9 cents a share - Earnings Preview

Omnicell

30/04/2024 18:39

* Omnicell Inc  OMCL.OQ   OMCL.O  is expected to show a fall
in
quarterly revenue when it reports  results on May 2 for the
period ending March 31 2024
    * The Fort Worth Texas-based  company is expected to report
a
18.5% decrease in revenue to $236.754 million from $290.63
million a year ago, according to the mean estimate from 8
analysts, based on LSEG data.The company's guidance on February
8 2024, for the period ended March 31, was for revenue between
$232.00 million and $242.00 million.
    * ​LSEG's mean analyst estimate for Omnicell Inc is for a
loss
of 9 cents per share. The company's EPS guidance on February 8
2024, for the period ended March 31, was between $-0.10 and
$0.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"hold" and 1 "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 Omnicell
Inc is
$38.00​, above​ its last closing price of $27.40. ​​​

The company's guidance on February 8 2024 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between 232 million and 4 million (USD).
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.16        0.15       0.33      Beat    115.2
 Sep. 30 2023  0.47        0.47       0.62      Beat    33.1
 Jun. 30 2023  0.28        0.28       0.57      Beat    102​
 Mar. 31 2023  0.08        0.07       0.39      Beat    475.4
 ​​Dec.        0.09        0.09       0.33      Beat    256.8
 31 2022                                                
 Sep. 30 2022  0.95        0.95       1.00      Beat    4.8​
 Jun. 30 2022  0.85        0.85       0.84      Missed  -1.2
 Mar. 31 2022  0.68        0.69       0.83      Beat    21.2
 This summary was machine generated April 30 at 17:39 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)