Paragon 28 Inc expected to post a loss of 9 cents a share - Earnings Preview

Paragon 28

27/02/2024 21:04

* Paragon 28 Inc  FNA.N   FNA  is expected to show a rise in
quarterly revenue when it reports  results on February 29 for
the period ending December 31 2023
    * The Englewood Colorado-based  company is expected to
report a
17.4% increase in revenue to $60.461 million from $51.51 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 9 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
$17.50​, above​ its last closing price of $12.63. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023              -0.10                        
 Jun. 30 2023  -0.11       -0.10      -0.13     Missed  -26.6
 Mar. 31 2023  -0.11       -0.10      -0.11     Missed  -5.5​
 Dec. 31 2022  -0.11       -0.10      -0.15     Missed  -54.1
 ​​Sep.        -0.11       -0.12      -0.13     Missed  -12.5
 30 2022                                                
 Jun. 30 2022  -0.07       -0.06      -0.13     Missed  -103.1
                                                        ​
 Mar. 31 2022  -0.06       -0.06      -0.12     Missed  -88.1
 Dec. 31 2021  -0.08       -0.08      -0.08     Met     -0.5
 This summary was machine generated February 27 at 21:04 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)