SI-BONE Inc expected to post a loss of 28 cents a share - Earnings Preview

SI-BONE

23/02/2024 22:05

* SI-BONE Inc  SIBN.OQ   SIBN.O  is expected to show a rise
in
quarterly revenue when it reports  results on February 26 for
the period ending December 31 2023
    * The Santa Clara California-based  company is expected to
report
a 17.7% increase in revenue to $37.613 million from $31.95
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data.The company's guidance on January 8
2024, for the period ended December 31, was for revenue between
$38.50 million and $38.70 million.
    * ​LSEG's mean analyst estimate for SI-BONE Inc is for a
loss
of 28 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," no
"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 SI-BONE Inc
is
$26.00​, above​ its last closing price of $20.27. ​​​

The company's guidance on November 6 2023 for the period ended
December 31 was for gross profit margin of USD78%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.34       -0.34      -0.25     Beat    27.1
 Jun. 30 2023  -0.39       -0.40      -0.30     Beat    24.4
 Mar. 31 2023  -0.42       -0.41      -0.32     Beat    21.9​
 Dec. 31 2022  -0.40       -0.40      -0.32     Beat    19.9
 ​​Sep.        -0.48       -0.47      -0.41     Beat    13.4
 30 2022                                                
 Jun. 30 2022  -0.50       -0.49      -0.54     Missed  -10.2​
 Mar. 31 2022  -0.44       -0.43      -0.52     Missed  -21.9
 Dec. 31 2021  -0.38       -0.39      -0.43     Missed  -10.9
 This summary was machine generated February 23 at 22:05 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)