Transmedics Group Inc reports results for the quarter ended in December - Earnings Summary

TransMedics

26/02/2024 22:42

* Transmedics Group Inc  TMDX.OQ  reported quarterly
adjusted
earnings of 12 cents​​ per share for the quarter ended in
December, higher than the same quarter last year, when the
company reported EPS of -21 cents.  The mean expectation of
six analysts for the quarter was for a loss of 3 cents per
share. Wall Street expected results to range from -8 cents to 8
cents per share.
    * Revenue rose 158.7% to $81.17 million from a year ago;
analysts
expected $68.51 million. 
    * Transmedics Group Inc's reported EPS for the quarter was
12
cents​.
    * The company reported quarterly net income of $4.03
million.
    * Transmedics Group Inc shares had risen by 5.3% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 33.3%
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," 1
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Transmedics
Group
Inc is $92.00 

This summary was machine generated from LSEG data February 26 at
10:41 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 ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.03          0.12           Beat
 Sep. 30 2023      -0.16          -0.78          Missed
 Jun. 30 2023      -0.13          -0.03          Beat
 Mar. 31 2023      -0.25          -0.08          Beat