Tactile Systems Technology Inc expected to post a loss of 28  cents a share - Earnings Preview

Tactile Systems Technology

29/04/2022 21:11

* Tactile Systems Technology Inc  TCMD.OQ   TCMD.O  is
expected
to show a rise in quarterly revenue when it reports  results on
May 2. 
    * The Minneapolis Minnesota-based  company is expected to
report 
a 5.1% increase in revenue to $44.936 million from $42.77
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 28 cents per share. For the same
quarter last year, the company reported a loss 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 $29​, above​ its last closing price of $17.72.
​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  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. 31 2021  -0.16       -0.15      -0.07     Beat    54.5
 ​​Dec.        0.24        0.24       0.55      Beat    126
 31 2020                                                
 Sep. 30 2020  -0.07       -0.06      0.12      Beat    300​
 Jun. 30 2020  -0.21       -0.22      -0.51     Missed  -129.7
 Mar. 31 2020  -0.03       -0.02      -0.05     Missed  -105.8
 This summary was machine generated April 29 at 20:11 GMT.  All
figures in US dollars  unless otherwise stated