Penumbra Inc reports results for the quarter ended in June - Earnings Summary

Penumbra

01/08/2023 23:05

* Penumbra Inc  PEN.N  reported quarterly adjusted earnings
of 43
cents​​ per share for the quarter ended in June. The mean
expectation of thirteen analysts for the quarter was
for earnings of 28 cents per share.
    * Revenue rose 25.5% to $261.50 million from a year ago;
analysts
expected $253.22 million. 
    * Penumbra Inc's reported EPS for the quarter was 48 cents​.
    * The mean earnings estimate of analysts had risen by
about 8.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Penumbra Inc shares had fallen by 11.8% this quarter and
gained 36.4% so far this year.
    * The company reported quarterly net income of $18.96
million.
    * Wall Street's median 12-month price target for Penumbra
Inc is
$351.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 1 at 10:05 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.28           0.43           Beat
 Mar. 31 2023      0.11           0.23           Beat
 Dec. 31 2022      0.15           0.16           Beat
 Sep. 30 2022      0.01           0.01           Met