Venus Concept Inc expected to post a loss of $1.53 a share - Earnings Preview

Venus Concept

13/05/2024 13:32

* Venus Concept Inc  VERO.OQ   VERO.O  is expected to show a
fall
in quarterly revenue when it reports  results on May 15 for the
period ending March 31 2024
    * The Toronto Ontario-based  company is expected to report a
18.6% decrease in revenue to $16.717 million from $20.53 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.The company's guidance on April 1 2024, for
the period ended March 31, was for revenue of $16.500 million.
    * ​LSEG's mean analyst estimate for Venus Concept Inc is for
a
loss of $1.53 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023              -1.18      -2.01     Missed  -69.8
 Jan. 1 2023   -1.50       -1.51      -1.64     Missed  -8.8
 Jan. 1 0001   -1.49       -1.54      -1.35     Beat    12.1​
 Jan. 1 0001   -2.12       -2.13      -1.85     Beat    12.9
 ​​Dec.        -2.18       -2.05      -2.10     Missed  -2.4
 31 2022                                                
 Jan. 1 0001   -2.41       -2.25      -3.30     Missed  -46.7​
 Jun. 30 2022  -0.98       -1.01      -2.40     Missed  -137
 Mar. 31 2022  -1.20       -1.35      -1.95     Missed  -44.4
 This summary was machine generated May 13 at 12:32 GMT.  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)