Outset Medical Inc expected to post a loss of 72  cents a share - Earnings Preview

Outset Medical

03/05/2022 03:08

* Outset Medical Inc  OM.OQ   OM.O  is expected to show a
rise in
quarterly revenue when it reports  results on May 4. 
    * The San Jose California-based  company is expected to
report  a
31.4% increase in revenue to $30.109 million from $22.92 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Outset Medical Inc
is for
a loss of 72 cents per share. For the same quarter last year,
the company reported a loss of 70 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "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 Outset
Medical
Inc is $53.5​, above​ its last closing price of $36.71. ​​​
    * 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  -0.75       -0.77      -0.87     Missed  -13.4
 Sep. 30 2021  -0.77       -0.73      -0.65     Beat    11
 Jun. 30 2021  -0.69       -0.70      -0.66     Beat    5.4​
 Mar. 31 2021  -0.80       -0.81      -0.70     Beat    13.7
 ​​Dec.        -0.66       -0.66      -0.75     Missed  -13
 31 2020                                                
 Sep. 30 2020  -3.10       -3.10      -3.31     Missed  -6.7​
 This summary was machine generated May 3 at 02:08 GMT.  All
figures in US dollars  unless otherwise stated