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

Orthofix Medical

03/11/2022 13:31

* Orthofix Medical Inc  OFIX.OQ  reported quarterly adjusted
earnings of 13 cents​​ per share for the quarter ended in
September. The mean expectation of four analysts for the quarter
was for earnings of 12 cents per share.
    * Revenue rose 1.4% to $114.00 million from a year ago;
analysts
expected $113.00 million. 
    * Orthofix Medical Inc's reported EPS for the quarter was a
loss
of 53 cents​.
    * The mean earnings estimate of analysts had fallen by
about 51.4%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Orthofix Medical Inc shares had fallen by 19.7% this
quarter and
lost 50.7% so far this year.
    * The company reported a quarterly loss of $10.72 million.
    * Wall Street's median 12-month price target for Orthofix
Medical
Inc is $30.00 
    * 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." 

This summary was machine generated from Refinitiv data November
3 at 01:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.12           0.13           Beat
 Jun. 30 2022      0.10           0.08           Missed
 Mar. 31 2022      0.09           -0.10          Missed
 Dec. 31 2021      0.13           0.27           Beat