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

Shockwave Medical

08/08/2022 23:05

* Shockwave Medical Inc  SWAV.OQ  reported quarterly
adjusted
earnings of 68 cents​​ per share for the quarter ended in June.
The mean expectation of seven analysts for the quarter was
for earnings of 44 cents per share.
    * Revenue rose 116% to $120.75 million from a year ago;
analysts
expected $107.52 million. 
    * Shockwave Medical Inc's reported EPS for the quarter was
68
cents​.
    * The mean earnings estimate of analysts had risen by
about 15% in
the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Shockwave Medical Inc shares had risen by 16.7% this
quarter and
gained 25.1% so far this year.
    * The company reported quarterly net income of $25.56
million.
    * Wall Street's median 12-month price target for Shockwave
Medical
Inc is $213.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 8
at 10:05 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.44           0.68           Beat
 Mar. 31 2022      0.18           0.39           Beat
 Dec. 31 2021      0.09           0.34           Beat
 Sep. 30 2021      -0.06          0.05           Beat