Tactile Systems Technology Inc expected to post a loss of 15  cents a share - Earnings Preview

Tactile Systems Technology

29/07/2022 21:03

* Tactile Systems Technology Inc  TCMD.OQ   TCMD.O  is
expected
to show a rise in quarterly revenue when it reports  results on
August 1. 
    * The Minneapolis Minnesota-based  company is expected to
report 
a 11.4% increase in revenue to $56.876 million from $51.06
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Tactile Systems
Technology Inc is for a loss of 15 cents per share. For the same
quarter last year, the company reported earnings of 7 cents per
share.
    * 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."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Tactile
Systems
Technology Inc is $28​, above​ its last closing price of $8.09.
​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  -0.31       -0.28      -0.46     Missed  -66.4
 Dec. 31 2022  0.04        0.05       -0.38     Missed  -803.7
 Sep. 30 2021  0.10        0.12       -0.10     Missed  -183.3
                                                        ​
 Jun. 30 2021  0.03        0.01       0.07      Beat    660.9
 ​​Mar.        -0.16       -0.15      -0.07     Beat    54.5
 31 2021                                                
 Dec. 31 2020  0.24        0.24       0.55      Beat    126​
 Sep. 30 2020  -0.07       -0.06      0.12      Beat    300
 Jun. 30 2020  -0.21       -0.22      -0.51     Missed  -129.7
 This summary was machine generated July 29 at 20:03 GMT.  All
figures in US dollars  unless otherwise stated