Outset Medical Inc expected to post a loss of 86 cents a share - Earnings Preview

Outset Medical

11/02/2023 24:22

* Outset Medical Inc  OM.OQ   OM.O  is expected to show a
rise in
quarterly revenue when it reports  results on February 13. 
    * The San Jose California-based  company is expected to
report  a
9.8% increase in revenue to $30.922 million from $28.15 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. The company's guidance on January 9
2023, for the period ended December 31, was for revenue of
$31.500 million.
    * ​Refinitiv's mean analyst estimate for Outset Medical Inc
is for
a loss of 86 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 $31​, above​ its last closing price of $28.59. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  -0.84       -0.81      -0.85     Missed  -4.9
 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.        -0.77       -0.73      -0.65     Beat    11
 30 2021                                                
 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. 31 2020  -0.66       -0.66      -0.75     Missed  -13
 This summary was machine generated February 11 at 00:22 GMT. 
All figures in US dollars  unless otherwise stated