Treace Medical Concepts Inc expected to post breakeven results a share - Earnings Preview

Treace Medical Concepts

01/03/2022 22:38

* Treace Medical Concepts Inc  TMCI.OQ   TMCI.O  is expected
to report results on March 3.
    * The Ponte Vedra Florida-based  company is expected to
report
revenue of $32.267 million, according to the mean estimate from
3 analysts, based on Refinitiv data.  
    * ​Refinitiv's mean analyst estimate for Treace Medical
Concepts
Inc is for breakeven results 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 Treace
Medical
Concepts Inc is $33.5​, about 35.7% above​ its last closing
price of $21.54. ​​​
    * 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  -0.12       -0.12      -0.12     Met     0
 Jun. 30 2021  -0.12       -0.12      -0.10     Beat    16.7
 Mar. 31 2021  -0.06       -0.06      -0.07     Missed  -16.7​
 ​​                                                     
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 This summary was machine generated March 1 at 22:37 GMT.  All
figures in US dollars  unless otherwise stated