Shockwave Medical Inc expected to post earnings of $1.01 a share - Earnings Preview

Shockwave Medical

14/02/2023 23:34

* Shockwave Medical Inc  SWAV.OQ   SWAV.O  is expected
to show a
rise in quarterly revenue when it reports  results on February
16. 
    * The Santa Clara California-based  company is expected to
report 
a 69.4% increase in revenue to $142.602 million from $84.18
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. The company's guidance on
January 17 2023, for the period ended December 31, was for
revenue between $143.00 million and $144.00 million.
    * ​Refinitiv's mean analyst estimate for Shockwave Medical
Inc is
for earnings of $1.01 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and 1 "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 Shockwave
Medical
Inc is $256​, above​ its last closing price of $186.32. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.67        0.67       0.92      Beat    37.6
 Jun. 30 2022  0.44        0.44       0.68      Beat    54.5
 Mar. 31 2022  0.18        0.18       0.39      Beat    111.6​
 Dec. 31 2021  0.11        0.09       0.34      Beat    300
 ​​Sep.        -0.05       -0.06      0.05      Beat    187.5
 30 2021                                                
 Jun. 30 2021  -0.37       -0.40      -0.01     Beat    97.5​
 Mar. 31 2021  -0.46       -0.45      -0.68     Missed  -52.2
 Dec. 31 2020  -0.42       -0.42      -0.46     Missed  -8.7
 This summary was machine generated February 14 at 23:34 GMT. 
All figures in US dollars  unless otherwise stated