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

Penumbra

02/05/2023 23:01

* Penumbra Inc  PEN.N  reported quarterly adjusted earnings
of 23
cents​​ per share for the quarter ended in March. The mean
expectation of twelve analysts for the quarter was for earnings
of 11 cents per share.
    * Revenue rose 18.4% to $241.40 million from a year ago;
analysts
expected $229.73 million. 
    * Penumbra Inc's reported EPS for the quarter was 22 cents​.
    * The mean earnings estimate of analysts had risen by
about 7.6%
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 risen by 2.4% this quarter and
gained 28.3% so far this year.
    * The company reported quarterly net income of $8.56
million.
    * Wall Street's median 12-month price target for Penumbra
Inc is
$297.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
2 at 10:01 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.11           0.23           Beat
 Dec. 31 2022      0.15           0.16           Beat
 Sep. 30 2022      0.01           0.01           Met
 Jun. 30 2022      -0.03          0.01           Beat