Outset Medical Inc expected to post a loss of 81 cents a share - Earnings Preview

Outset Medical

05/11/2022 03:10

* Outset Medical Inc  OM.OQ   OM.O  is expected to show a
fall in
quarterly revenue when it reports  results on November 8. 
    * The San Jose California-based  company is expected to
report  a
4.2% decrease in revenue to $25.222 million from $26.32 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. The company's guidance on September 13
2022, for the period ended September 30, was for revenue of
$25.000 million.
    * ​Refinitiv's mean analyst estimate for Outset Medical Inc
is for
a loss of 81 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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 $27​, above​ its last closing price of $13.14. ​​​

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 2022  -0.68       -0.70      -0.92     Missed  -31.8
 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
 ​​Jun.        -0.69       -0.70      -0.66     Beat    5.4
 30 2021                                                
 Mar. 31 2021  -0.80       -0.81      -0.70     Beat    13.7​
 Dec. 31 2020  -0.66       -0.66      -0.75     Missed  -13
 Sep. 30 2020  -3.10       -3.10      -3.31     Missed  -6.7
 This summary was machine generated November 5 at 03:10 GMT.  All
figures in US dollars  unless otherwise stated