Outset Medical Inc expected to post a loss of 73 cents a share - Earnings Preview

Outset Medical

02/11/2021 02:08

* Outset Medical Inc  OM.OQ   OM.O  is expected to show a rise
in quarterly revenue when it reports  results on November 3. 
* The San Jose, California-based company is expected to report 
a 82.6% increase in revenue to $25.123 million from $13.76
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 73 cents per share. For the same quarter last
year, the company reported a loss of $3.31 per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"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 $63.5​, about 7.8% above​ its last closing price
of $58.53. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 302021   -0.69       -0.70      -0.66     Beat    5.4
 Mar. 312021   -0.80       -0.81      -0.70     Beat    13.7
 Dec. 312020   -0.66       -0.66      -0.75     Missed  -13​
 Sep. 302020   -3.10       -3.10      -3.31     Missed  -6.7
 ​​                                                     
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 This summary was machine generated November 2 at 02:07 GMT.  All
figures in US dollars unless otherwise stated