Treace Medical Concepts Inc reports results for the quarter ended in March - Earnings Summary

Treace Medical Concepts

05/05/2022 23:35

* Treace Medical Concepts Inc  TMCI.OQ  reported a quarterly
adjusted loss of 16 cents​​ per share for the quarter ended in
March. The mean expectation of four analysts for the quarter was
for a loss of 20 cents per share.
    * Revenue rose 55.3% to $29.05 million from a year ago; 
analysts
expected $26.03 million. 
    * Treace Medical Concepts Inc's reported EPS for the quarter
was a
loss of 16 cents​.
    * The mean earnings estimate of analysts had fallen by
about 200%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Treace Medical Concepts Inc shares had risen by 0.8% this
quarter and gained 2.3% so far this year.
    * The company reported a quarterly loss of $9.04 million.
    * Wall Street's median 12-month price target for Treace
Medical
Concepts Inc is $30.00 
    * 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." 

This summary was machine generated May 5 at 10:35 p.m.  ​All
figures in US dollars unless otherwise stated