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

Silk Road Medical

26/07/2022 23:09

* Silk Road Medical Inc  SILK.OQ  reported a quarterly
adjusted
loss of 43 cents​​ per share for the quarter ended in June. The
mean expectation of six analysts for the quarter was for a loss
of 46 cents per share.
    * Revenue rose 25.4% to $33.17 million from a year ago;
analysts
expected $31.03 million. 
    * Silk Road Medical Inc's reported EPS for the quarter was a
loss
of 44 cents​.
    * The mean earnings estimate of analysts had fallen by
about 30.8%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Silk Road Medical Inc shares had risen by 14.3% this
quarter and
lost 2.3% so far this year.
    * The company reported a quarterly loss of $15.4 million.
    * Wall Street's median 12-month price target for Silk Road
Medical
Inc is $43.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data July 26
at 10:09 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.46          -0.43          Beat
 Mar. 31 2022      -0.37          -0.48          Missed
 Dec. 31 2021      -0.36          -0.42          Missed
 Sep. 30 2021      -0.30          -0.40          Missed