Orthofix Medical Inc reports results for the quarter ended in June - Earnings Summary

Orthofix Medical

06/08/2021 22:59

* Orthofix Medical Inc  OFIX.OQ  reported quarterly adjusted
earnings of 32 cents​​ per share for the quarter ended in June.
The mean expectation of five analysts for the quarter was
for earnings of 11 cents per share.
* Revenue rose 66% to $121.39 million from a year ago;  analysts
expected $108.20 million. 
* Orthofix Medical Inc's reported EPS for the quarter was 12
cents​.
* The mean earnings estimate of analysts had risen by about 3.8%
in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Orthofix Medical Inc shares had fallen by 5.3% this
quarter and lost 11.6% so far this year.
* The company reported quarterly net income of $2.42 million.
* Wall Street's median 12-month price target for Orthofix
Medical Inc is $54.25 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
This summary was machine generated August 6 at 09:59 p.m.  ​All
figures in US dollars unless otherwise stated