Outset Medical Inc reports results for the quarter ended December 31 - Earnings Summary

Outset Medical

19/02/2025 22:03

* Outset Medical Inc  OM.OQ  reported a quarterly adjusted
loss
of 37 cents​​ per share for the quarter ended December 31,
higher than the same quarter last year, when the company
reported EPS of -59 cents.  The mean expectation of
five analysts for the quarter was for a loss of 41 cents per
share. Wall Street expected results to range from -43 cents
to -40 cents per share.
    * Revenue fell 3.4% to $29.47 million from a year ago;
analysts
expected $28.47 million. 
    * Outset Medical Inc's reported EPS for the quarter was a
loss
of 49 cents​.
    * The company reported a quarterly loss of $25.64 million.
    * Outset Medical Inc shares had fallen by 18.2% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 2.3%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the advanced
medical
equipment & technology peer group is also "buy"

Wall Street's median 12-month price target for Outset Medical
Inc is $3.00 
This summary was machine generated from LSEG data February 19 at
10:01 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      -0.41          -0.37          Beat
 Sep. 30 2024      -0.42          -0.39          Beat
 Jun. 30 2024      -0.45          -0.47          Missed
 Mar. 31 2024      -0.55          -0.57          Missed