Outset Medical Inc reports results for the quarter ended in September - Earnings Summary

Outset Medical

08/11/2022 22:02

* Outset Medical Inc  OM.OQ  reported a quarterly adjusted
loss
of 85 cents​​ per share for the quarter ended in September. The
mean expectation of six analysts for the quarter was for a loss
of 81 cents per share.
    * Revenue rose 5.5% to $27.76 million from a year ago;
analysts
expected $25.22 million. 
    * Outset Medical Inc's reported EPS for the quarter was a
loss
of 85 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Outset Medical Inc shares had fallen by 22.2% this
quarter and
lost 73.1% so far this year.
    * The company reported a quarterly loss of $40.78 million.
    * Wall Street's median 12-month price target for Outset
Medical
Inc is $27.00 
    * 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." 

This summary was machine generated from Refinitiv data November
8 at 10:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.81          -0.85          Missed
 Jun. 30 2022      -0.70          -0.92          Missed
 Mar. 31 2022      -0.72          -0.78          Missed
 Dec. 31 2021      -0.77          -0.87          Missed