Shockwave Medical Inc expected to post earnings of 9  cents a share - Earnings Preview

Shockwave Medical

15/02/2022 21:20

* Shockwave Medical Inc  SWAV.OQ   SWAV.O  is expected
to show a
rise in quarterly revenue when it reports  results on February
17. 
    * The Santa Clara California-based  company is expected to
report 
a 232.1% increase in revenue to $75.434 million from $22.72
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Shockwave Medical
Inc is
for earnings of 9 cents per share. For the same quarter last
year, the company reported a loss of 46 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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​, about 37.6% above​ its last closing price
of $146.57. ​​​
    * 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 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. 31 2020  -0.42       -0.42      -0.46     Missed  -8.7
 ​​Sep.        -0.56       -0.55      -0.38     Beat    31.3
 30 2020                                                
 Jun. 30 2020  -0.63       -0.62      -0.56     Beat    9.9​
 Mar. 31 2020  -0.50       -0.49      -0.59     Missed  -20
 Dec. 31 2019  -0.51       -0.51      -0.49     Beat    3.5
 This summary was machine generated February 15 at 21:20 GMT. 
All figures in US dollars  unless otherwise stated