Outset Medical Inc expected to post a loss of 42 cents a share - Earnings Preview

Outset Medical

04/11/2024 21:14

* Outset Medical Inc  OM.OQ   OM.O  is expected to show a
fall in
quarterly revenue when it reports  results on November 6 for the
period ending September 30 2024
    * The San Jose California-based  company is expected to
report a
11.4% decrease in revenue to $26.905 million from $30.36 million
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Outset Medical Inc is
for a
loss of 42 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"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 Outset
Medical
Inc is 3.00​, above​ its last closing price of $0.61. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   -0.45       -0.45      -0.47     Missed  -4.1
 Dec. 31 0001  -0.56       -0.55      -0.57     Missed  -3.9
 Jan. 1 0001   -0.67       -0.61      -0.59     Beat    4.1​
 Jan. 1 0001   -0.67       -0.67                        -6.5
 ​​Jun.        -0.84       -0.76                        -18
 30 2023                                                
 Jan. 1 0001   -0.78       -0.74      -0.90     Missed  -21.3​
 Dec. 31 2022  -0.91       -0.86      -0.86     Met     0
 Jan. 1 0001   -0.84       -0.81      -0.85     Missed  -4.9
 This summary was machine generated November 4 at 21:14 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)