Orthofix Medical Inc expected to post a loss of 51 cents a share - Earnings Preview

Orthofix Medical

06/05/2023 03:03

* Orthofix Medical Inc  OFIX.OQ   OFIX.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 9. 
    * The Lewisville Texas-based  company is expected to report 
a
58.3% increase in revenue to $168.457 million from $106.42
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. The company's guidance on
March 6 2023, for the period ended March 31, was for revenue
between $166.00 million and $170.00 million.
    * ​Refinitiv's mean analyst estimate for Orthofix Medical
Inc is
for a loss of 51 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"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 Orthofix
Medical
Inc is $37​, above​ its last closing price of $18.48. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.34        0.10       0.19      Beat    83.9
 Sep. 30 2022  0.13        0.12       0.13      Beat    11.4
 Jun. 30 2022  0.10        0.10       0.08      Missed  -20​
 Mar. 31 2022  0.10        0.09       -0.10     Missed  -215.4
 ​​Dec.        0.13        0.13       0.27      Beat    107.7
 31 2021                                                
 Sep. 30 2021  0.11        0.11       0.10      Missed  -10.4​
 Jun. 30 2021  0.13        0.11       0.32      Beat    190.9
 Mar. 31 2021  0.01        0.02       0.17      Beat    709.5
 This summary was machine generated May 6 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated