Shockwave Medical Inc reports results for the quarter ended in December - Earnings Summary

Shockwave Medical

16/02/2023 22:02

* Shockwave Medical Inc  SWAV.OQ  reported quarterly
adjusted
earnings of $1.18​​ per share for the quarter ended in December.
The mean expectation of eight analysts for the quarter was
for earnings of $1.01 per share.
    * Revenue rose 71.1% to $144.03 million from a year ago;
analysts
expected $142.60 million. 
    * Shockwave Medical Inc's reported EPS for the quarter was
$3.71​.
    * The mean earnings estimate of analysts had risen by
about 2% in
the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Shockwave Medical Inc shares had fallen by 7.0% this
quarter.
    * The company reported quarterly net income of $140.91
million.
    * Wall Street's median 12-month price target for Shockwave
Medical
Inc is $256.00 
    * 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." 

This summary was machine generated from Refinitiv data February
16 at 10:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      1.01           1.18           Beat
 Sep. 30 2022      0.67           0.92           Beat
 Jun. 30 2022      0.44           0.68           Beat
 Mar. 31 2022      0.18           0.39           Beat