Outset Medical Inc expected to post a loss of 67 cents a share - Earnings Preview

Outset Medical

04/11/2023 03:05

* Outset Medical Inc  OM.OQ   OM.O  is expected to show a
rise in
quarterly revenue when it reports  results 
    * The San Jose California-based  company is expected to
report  a
9.5% increase in revenue to $30.391 million from $27.76 million
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data. 
    * ​Refinitiv's mean analyst estimate for Outset Medical Inc
is for
a loss of 67 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and 1 "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 $9​, above​ its last closing price of $4.25. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  -0.84       -0.76      -0.90     Missed  -18
 Mar. 31 2023  -0.78       -0.74      -0.90     Missed  -21.3
 Dec. 31 2022  -0.91       -0.86      -0.86     Met     0​
 Sep. 30 2022  -0.84       -0.81      -0.85     Missed  -4.9
 ​​Jun.        -0.68       -0.70      -0.92     Missed  -31.8
 30 2022                                                
 Mar. 31 2022  -0.71       -0.72      -0.78     Missed  -8.3​
 Dec. 31 2021  -0.75       -0.77      -0.87     Missed  -13.4
 Sep. 30 2021  -0.77       -0.73      -0.65     Beat    11
 This summary was machine generated November 4 at 03:05 GMT.  All
figures in US dollars  unless otherwise stated