Shockwave Medical Inc expected to post earnings of 18  cents a share - Earnings Preview

Shockwave Medical

07/05/2022 03:04

* Shockwave Medical Inc  SWAV.OQ   SWAV.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 9. 
    * The Santa Clara California-based  company is expected to
report 
a 170.9% increase in revenue to $86.407 million from $31.9
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Shockwave Medical
Inc is
for earnings of 18 cents per share. For the same quarter last
year, the company reported a loss of 68 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 2
"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 Shockwave
Medical
Inc is $235​, above​ its last closing price of $137.30. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.11        0.09       0.34      Beat    300
 Sep. 30 2021  -0.05       -0.06      0.05      Beat    187.5
 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.        -0.42       -0.42      -0.46     Missed  -8.7
 31 2020                                                
 Sep. 30 2020  -0.56       -0.55      -0.38     Beat    31.3​
 Jun. 30 2020  -0.63       -0.62      -0.56     Beat    9.9
 Mar. 31 2020  -0.50       -0.49      -0.59     Missed  -20
 This summary was machine generated May 7 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated