Revance Therapeutics Inc expected to post a loss of 72 cents a share - Earnings Preview

Revance Therapeutics

26/02/2024 22:51

* Revance Therapeutics Inc  RVNC.OQ   RVNC.O  is expected
to show
a rise in quarterly revenue when it reports  results on February
28 for the period ending December 31 2023
    * The Nashville Tennessee-based  company is expected to
report a
24.4% increase in revenue to $62.117 million from $49.92 million
a year ago, according to the mean estimate from 11 analysts,
based on LSEG data. (Revenue is on Total Revenue basis.)
    * ​LSEG's mean analyst estimate for Revance Therapeutics Inc
is
for a loss of 72 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 4
"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 Revance
Therapeutics Inc is $12.00​, above​ its last closing price
of $5.69. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.95       -0.85      -1.63     Missed  -91.1
 Jun. 30 2023  -0.79       -0.78      -0.80     Missed  -2.9
 Mar. 31 2023  -0.74       -0.70      -0.74     Missed  -5.9​
 Dec. 31 2022  -1.05       -0.95      -0.95     Met     -0.1
 ​​Sep.        -0.91       -0.89      -1.17     Missed  -30.8
 30 2022                                                
 Jun. 30 2022  -0.89       -0.86      -0.88     Missed  -2.3​
 Mar. 31 2022  -0.93       -0.83      -0.94     Missed  -12.6
 Dec. 31 2021  -0.95       -1.00      -0.93     Beat    6.6
 This summary was machine generated February 26 at 22:51 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)