Orthofix Medical Inc expected to post earnings of 9  cents a share - Earnings Preview

Orthofix Medical

04/05/2022 18:04

* Orthofix Medical Inc  OFIX.OQ   OFIX.O  is expected
to show a
fall in quarterly revenue when it reports  results on May 6. 
    * The Lewisville Texas-based  company is expected to report 
a
1.2% decrease in revenue to $104.353 million from $105.59
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Orthofix Medical
Inc is
for earnings of 9 cents per share. For the same quarter last
year, the company reported earnings of 17 cents per share.
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 3 "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 $51.5​, above​ its last closing price of $31.40. ​​​
    * 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 2021  0.13        0.13       0.27      Beat    107.7
 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
 ​​Dec.        0.17        0.19       0.44      Beat    126.8
 31 2020                                                
 Sep. 30 2020  -0.29       -0.36      0.31      Beat    185.2​
 Jun. 30 2020  -1.07       -1.08      -0.59     Beat    45.4
 Mar. 31 2020  0.07        0.06       0.09      Beat    50
 This summary was machine generated May 4 at 17:04 GMT.  All
figures in US dollars  unless otherwise stated