Tactile Systems Technology Inc expected to post earnings of 4  cents a share - Earnings Preview

Tactile Systems Technology

04/11/2023 03:05

* Tactile Systems Technology Inc  TCMD.OQ   TCMD.O  is
expected
to show a rise in quarterly revenue when it reports  results 
    * The Minneapolis Minnesota-based  company is expected to
report 
a 5.8% increase in revenue to $69.075 million from $65.26
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data. 
    * ​Refinitiv's mean analyst estimate for Tactile Systems
Technology Inc is for earnings of 4 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 $30​, above​ its last closing price of $12.89.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Sep. 30 2022  -0.09       -0.08      -0.11     Missed  -29.4
 ​​Jun.        -0.14       -0.14      -0.23     Missed  -69.1
 30 2022                                                
 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. 30 2021  0.10        0.12       -0.10     Missed  -183.3
 This summary was machine generated November 4 at 03:05 GMT.  All
figures in US dollars  unless otherwise stated