Tactile Systems Technology Inc expected to post earnings of 18 cents a share - Earnings Preview

Tactile Systems Technology

02/11/2024 04:09

* Tactile Systems Technology Inc  TCMD.OQ   TCMD.O  is
expected
to show a rise in quarterly revenue when it reports  results on
November 4 for the period ending September 30 2024
    * The Minneapolis Minnesota-based  company is expected to
report a
9.2% increase in revenue to $76.008 million from $69.59 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Tactile Systems
Technology Inc
is for earnings of 18 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 $21.50​, above​ its last closing price
of $14.69. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   -0.11       0.12       0.18      Beat    56.5
 Mar. 31 0001  -0.11       -0.11      -0.08     Beat    25
 Jan. 1 0001   0.23        0.19       0.35      Beat    81.8​
 Jan. 1 0001   0.04        0.03       0.94      Beat    3,257.
                                                        1
 ​​Jan.        -0.06       -0.05      0.00      Beat    100
 1 0001                                                 
 Mar. 31 2023  -0.29       -0.24      -0.09     Beat    62.1​
 Dec. 31 2022  0.15        0.14       0.23      Beat    60.5
 Sep. 30 2022  -0.09       -0.08      -0.11     Missed  -29.4
 This summary was machine generated November 2 at 04:08 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)