Tactile Systems Technology Inc expected to post earnings of 1 cents a share - Earnings Preview

Tactile Systems Technology

30/07/2021 21:10

* Tactile Systems Technology Inc  TCMD.OQ   TCMD.O  is expected
to show a rise in quarterly revenue when it reports results on
August 2. 
* The Minneapolis, Minnesota-based company is expected to report
  a 42.1% increase in revenue to $49.92 million from $35.12
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Tactile Systems
Technology Inc is for earnings of 1 cents per share. For the
same quarter last year, the company reported a loss of 51 cents
per share.
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 5 "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 $71.5​, about 31.2% above​ its last closing
price of $49.22. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  -0.16       -0.15      -0.07     Beat    54.5
 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
 Mar.          -0.03​      -0.02      -0.05     Missed  -105.8
 31​ 2020​                                              ​
 Dec. 31 2019  0.26        0.25       0.22      Missed  -11.5​
 Sep. 30 2019  0.11        0.11       0.12      Beat    13.7
 Jun. 30 2019  0.08        0.06       0.14      Beat    116.6
 This summary was machine generated July 30 at 20:10 GMT.  All
figures in US dollars unless otherwise stated