Surmodics Inc expected to post a loss of 12 cents a share - Earnings Preview

SurModics

29/01/2025 13:34

* Surmodics Inc  SRDX.OQ   SRDX.O  is expected to show a
rise in
quarterly revenue when it reports  results on January 31
(estimated) for the period ending December 31 2024
    * The Eden Prairie Minnesota-based  company is expected to
report
a 9.2% increase in revenue to $33.367 million from $30.55
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Surmodics Inc is for a
loss
of 12 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"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 Surmodics
Inc is
$43.00​, above​ its last closing price of $35.79. ​​​

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 2024  -0.30       -0.29      -0.13     Beat    55.8
 Jun. 30 2024  -0.33       -0.33      -0.27     Beat    18.2
 Mar. 31 2024  -0.32       -0.32      0.07      Beat    121.9​
 Dec. 31 2023  -0.32       -0.30      0.00      Beat    100
 ​​Sep.        0.18        0.19       0.53      Beat    186.5
 30 2023                                                
 Jun. 30 2023  -0.22       0.05       0.52      Beat    893.7​
 Mar. 31 2023  -0.49       -0.51      -0.40     Beat    21.3
 Dec. 31 2022  -0.65       -0.66      -0.50     Beat    23.8
 This summary was machine generated January 29 at 13:34 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)