Tactile Systems Technology Inc expected to post earnings of 5  cents a share - Earnings Preview

Tactile Systems Technology

19/02/2022 24:32

* Tactile Systems Technology Inc  TCMD.OQ   TCMD.O  is
expected
to show a fall in quarterly revenue when it reports  results on
February 22. 
    * The Minneapolis Minnesota-based  company is expected to
report 
a 2.0% decrease in revenue to $58.05 million from $59.24 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 5 cents per share. For the
same quarter last year, the company reported earnings of 55
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 $44.5​, about 66.6% above​ its last closing
price of $14.88. ​​​
    * 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 2021  0.10        0.12       -0.10     Missed  -183.3
 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
 ​​Sep.        -0.07       -0.06      0.12      Beat    300
 30 2020                                                
 Jun. 30 2020  -0.21       -0.22      -0.51     Missed  -129.7
                                                        ​
 Mar. 31 2020  -0.03       -0.02      -0.05     Missed  -105.8
 Dec. 31 2019  0.26        0.25       0.22      Missed  -11.5
 This summary was machine generated February 19 at 00:32 GMT. 
All figures in US dollars  unless otherwise stated