Tactile Systems Technology Inc expected to post earnings of 31 cents a share - Earnings Preview

Tactile Systems Technology

14/02/2025 21:32

* Tactile Systems Technology Inc  TCMD.OQ   TCMD.O  is
expected
to show a rise in quarterly revenue when it reports  results on
February 18 for the period ending December 31 2024
    * The Minneapolis Minnesota-based  company is expected to
report a
10.0% increase in revenue to $85.408 million from $77.65 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 31 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"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 $16.94. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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.        0.04        0.03       0.94      Beat    3,257.
 30 2023                                                1
 Jun. 30 2023  -0.06       -0.05      0.00      Beat    100​
 Mar. 31 2023  -0.29       -0.24      -0.09     Beat    62.1
 Dec. 31 2022  0.15        0.14       0.23      Beat    60.5
 This summary was machine generated February 14 at 21:32 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)