Paragon 28 Inc reports results for the quarter ended in December - Earnings Summary

Paragon 28

29/02/2024 22:01

* Paragon 28 Inc  FNA.N  reported a quarterly adjusted loss
of 23
cents​​ per share for the quarter ended in December, lower than
the same quarter last year, when the company reported EPS of -15
cents.  The mean expectation of seven analysts for the quarter
was for a loss of 9 cents per share. Wall Street expected
results to range from -11 cents to -6 cents per share.
    * Revenue rose 17.6% to $60.56 million from a year ago;
analysts
expected $60.46 million. 
    * Paragon 28 Inc's reported EPS for the quarter was a loss
of 23
cents​.
    * The company reported a quarterly loss of $19.56 million.
    * Paragon 28 Inc shares had fallen by 2.3% this quarter.

FORECAST CHANGES
    * 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.

RECOMMENDATIONS
    * 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 average consensus recommendation for the medical
equipment,
supplies & distribution peer group is also "buy"

Wall Street's median 12-month price target for Paragon 28 Inc is
$17.50 
This summary was machine generated from LSEG data February 29 at
10:00 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 2023      -0.09          -0.23          Missed
 Sep. 30 2023      -0.10          -0.10          Met
 Jun. 30 2023      -0.10          -0.13          Missed
 Mar. 31 2023      -0.10          -0.11          Missed