Tactile Systems Technology Inc expected to post earnings of 14cents a share - Earnings Preview

Tactile Systems Technology

17/02/2023 14:36

* Tactile Systems Technology Inc  TCMD.OQ   TCMD.O  is
expected
to show a rise in quarterly revenue when it reports  results on
February 21. 
    * The Minneapolis Minnesota-based  company is expected to
report 
a 14.3% increase in revenue to $70.527 million from $61.73
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. The company's guidance on
November 7 2022, for the period ended December 31, was for
revenue between $70.37 million and $71.60 million.
    * ​Refinitiv's mean analyst estimate for Tactile Systems
Technology Inc is for earnings of 14 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 $25​, above​ its last closing price of $13.76.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  -0.09       -0.08      -0.11     Missed  -29.4
 Jun. 30 2022  -0.14       -0.14      -0.23     Missed  -69.1
 Mar. 31 2022  -0.31       -0.28      -0.46     Missed  -66.4​
 Dec. 31 2021  0.04        0.05       -0.38     Missed  -803.7
 ​​Sep.        0.10        0.12       -0.10     Missed  -183.3
 30 2021                                                
 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. 31 2020  0.24        0.24       0.55      Beat    126
 This summary was machine generated February 17 at 14:36 GMT. 
All figures in US dollars  unless otherwise stated