Orthofix Medical Inc expected to post earnings of 34  cents a share - Earnings Preview

Orthofix Medical

03/03/2023 21:37

* Orthofix Medical Inc  OFIX.OQ   OFIX.O  is expected
to show a
fall in quarterly revenue when it reports  results on March 6. 
    * The Lewisville Texas-based  company is expected to report 
a
2.6% decrease in revenue to $121.84 million from $125.06 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Orthofix Medical
Inc is
for earnings of 34 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 $20.19. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  0.13        0.13       0.27      Beat    107.7
 ​​Sep.        0.11        0.11       0.10      Missed  -10.4
 30 2021                                                
 Jun. 30 2021  0.13        0.11       0.32      Beat    190.9​
 Mar. 31 2021  0.01        0.02       0.17      Beat    709.5
 Dec. 31 2020  0.17        0.19       0.44      Beat    126.8
 This summary was machine generated March 3 at 21:37 GMT.  All
figures in US dollars  unless otherwise stated