Penumbra Inc expected to post earnings of 11  cents a share - Earnings Preview

Penumbra

29/04/2023 03:04

* Penumbra Inc  PEN.N   PEN  is expected to show a rise in
quarterly revenue when it reports  results on May 2. 
    * The Alameda California-based  company is expected to
report  a
12.7% increase in revenue to $229.728 million from $203.9
million a year ago, according to the mean estimate from 10
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Penumbra Inc is for
earnings of 11 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.3%
in the last three months. ​
    * Wall Street's median 12-month price target for Penumbra
Inc is
$297​, above​ its last closing price of $284.12. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.15        0.15       0.16      Beat    9.8
 Sep. 30 2022  0.00        0.01       0.01      Met     19.6
 Jun. 30 2022  -0.03       -0.03      0.01      Beat    131.4​
 Mar. 31 2022  0.04        0.06       -0.01     Missed  -117.9
 ​​Dec.        0.22        0.22       0.10      Missed  -54.1
 31 2021                                                
 Sep. 30 2021  0.16        0.16       0.12      Missed  -25.6​
 Jun. 30 2021  0.19        0.17       0.21      Beat    20.2
 Mar. 31 2021  0.10        0.09       0.27      Beat    198.6
 This summary was machine generated April 29 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated