Tactile Systems Technology Inc expected to post a loss of 7 cents a share - Earnings Preview

Tactile Systems Technology

02/05/2025 21:05

Tactile Systems Technology Inc TCMD.OQ TCMD.O is expected to show a rise in quarterly revenue when it reports  results on May 5 for the period ending March 31 2025

The Minneapolis Minnesota-based  company is expected to report a 3.6% increase in revenue to $63.279 million from $61.09 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.

​LSEG's mean analyst estimate for Tactile Systems Technology Inc is for a loss of 7 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "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 Tactile Systems Technology Inc is $18.00​, above​ its last closing price of $13.83. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
0.30
0.31
0.40
Beat
27.5
Sep. 30 2024
0.18
0.18
0.21
Beat
18.1
Jun. 30 2024
0.13
0.12
0.18
Beat
56.5​
Mar. 31 2024
-0.11
-0.11
-0.08
Beat
25
​​Dec. 31 2023
0.23
0.19
0.35
Beat
81.8
Sep. 30 2023
0.04
0.03
0.94
Beat
3,257.1​
Jun. 30 2023
-0.06
-0.05
0.00
Beat
100
Mar. 31 2023
-0.29
-0.24
-0.09
Beat
62.1

This summary was machine generated May 2 at 20:05 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)