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TMCI — Treace Medical Concepts News Story

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Treace Medical Concepts Inc reports results for the quarter ended December 31 - Earnings Summary

Treace Medical Concepts Inc TMCI.OQ reported a quarterly adjusted loss of 1 cent​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -10 cents.  The mean expectation of seven analysts for the quarter was for a loss of 4 cents per share. Wall Street expected results to range from -7 cents to -2 cents per share.

Revenue rose 10.4% to $68.71 million from a year ago; analysts expected $67.16 million.

Treace Medical Concepts Inc's reported EPS for the quarter was a loss of 1 cent​.

The company reported a quarterly loss of $501 thousand.

Treace Medical Concepts Inc shares had risen by 22.7% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 5.2% 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 "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell."

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

Wall Street's median 12-month price target for Treace Medical Concepts Inc is $9.50

This summary was machine generated from LSEG data February 28 at 12:28 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 2024-0.04-0.01Beat
Sep. 30 2024-0.27-0.25Beat
Jun. 30 2024-0.29-0.29Met
Mar. 31 2024-0.30-0.30Met

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