Surmodics Inc reports results for the quarter ended in March - Earnings Summary

SurModics

28/04/2021 17:05

* Surmodics Inc  SRDX.OQ  reported quarterly adjusted earnings
of 62 cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for earnings of
63 cents per share.
* Revenue rose 53.3% to $35.00 million from a year ago​; 
analysts expected $32.96 million.
* Surmodics Inc's reported EPS for the quarter was 58 cents​.
* The mean earnings estimate of analysts had risen by
about 4,851.2% in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Surmodics Inc shares had risen by 5.1% this quarter and
gained 35.5% so far this year.
* The company reported quarterly net income of $8.09 million.
* Wall Street's median 12-month price target for Surmodics Inc
is $73.00 
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 4 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
This summary was machine generated April 28 at 04:05 p.m. GMT.
​All figures in US Dollars.​