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

SurModics

27/04/2022 15:08

* Surmodics Inc  SRDX.OQ  reported a quarterly adjusted loss
of 22
cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for a loss
of 34 cents per share.
    * Revenue fell 25.4% to $26.11 million from a year ago; 
analysts
expected $23.97 million. 
    * Surmodics Inc's reported EPS for the quarter was a loss
of 29
cents​.
    * The mean earnings estimate of analysts had risen by
about 1.9%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Surmodics Inc shares had fallen by 10.9% this quarter and
lost 16.1% so far this year.
    * The company reported a quarterly loss of $4.08 million.
    * Wall Street's median 12-month price target for Surmodics
Inc is
$68.00 
    * 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 27 at 02:08 p.m.  ​All
figures in US dollars unless otherwise stated