Paragon 28 Inc expected to post a loss of 17 cents a share - Earnings Preview

Paragon 28

07/08/2024 01:24

* Paragon 28 Inc  FNA.N   FNA  is expected to show a rise in
quarterly revenue when it reports  results on August 8 for the
period ending January 1 0001
    * The Englewood Colorado-based  company is expected to
report a
17.8% increase in revenue to $60.069 million from $51.01 million
a year ago, according to the mean estimate from 7 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Paragon 28 Inc is for a
loss
of 17 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," no
"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 Paragon 28
Inc is
$15.00​, above​ its last closing price of $7.62. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -0.13       -0.12      -0.18     Missed  -45.5
 Dec. 31 2024  -0.09       -0.09      -0.23     Missed  -152.7
 Sep. 30 2023  -0.11       -0.10      -0.10     Met     4​
 Jun. 30 2023  -0.11       -0.10      -0.13     Missed  -26.6
 ​​Mar.        -0.11       -0.10      -0.11     Missed  -5.5
 31 2023                                                
 Dec. 31 2022  -0.11       -0.10      -0.15     Missed  -54.1​
 Sep. 30 2022  -0.11       -0.12      -0.13     Missed  -12.5
 Jun. 30 2022  -0.07       -0.06      -0.13     Missed  -103.1
 This summary was machine generated August 7 at 00:24 GMT.  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)