Penumbra Inc expected to post earnings of 56 cents a share - Earnings Preview

Penumbra

27/07/2024 01:11

* Penumbra Inc  PEN.N   PEN  is expected to show a rise in
quarterly revenue when it reports  results on July 30 for the
period ending June 30 2024
    * The Alameda California-based  company is expected to
report a
14.1% increase in revenue to $298.36 million from $261.5 million
a year ago, according to the mean estimate from 15 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Penumbra Inc is for
earnings
of 56 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 5
"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 Penumbra
Inc is
$254.50​, above​ its last closing price of $178.43. ​​​

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  0.37        0.38       0.41      Beat    8.4
 Dec. 31 2024  0.72        0.70       0.76      Beat    8.6
 Sep. 30 2023  0.45        0.45       0.67      Beat    47.3​
 Jun. 30 2023  0.28        0.28       0.43      Beat    54.3
 ​​Mar.        0.11        0.11       0.23      Beat    111.2
 31 2023                                                
 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
 This summary was machine generated July 27 at 00:10 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)