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Tela Bio Inc Reports Results For The Quarter Ended December 31: Earnings Summary

TELA Bio Inc TELA.OQ reported a quarterly adjusted loss of 23 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -53 cents.  The mean expectation of five analysts for the quarter was for a loss of 22 cents per share. Wall Street expected results to range from -29 cents to -16 cents per share.

Revenue rose 3.8% to $17.65 million from a year ago; analysts expected $23.17 million.

TELA Bio Inc's reported EPS for the quarter was a loss of 23 cents​.

The company reported a quarterly loss of $9.21 million.

TELA Bio Inc shares had fallen by 21.9% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts was unchanged in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

The average consensus recommendation for the medical equipment, supplies & distribution peer group is also "buy"

Wall Street's median 12-month price target for TELA Bio Inc is $9.00

This summary was machine generated from LSEG data March 20 at 09:00 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Dec. 31 2024-0.22-0.23Missed
Sep. 30 2024-0.40-0.42Missed
Jun. 30 2024-0.47-0.51Missed
Mar. 31 2024-0.50-0.23Beat

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