Venus Concept Inc expected to post a loss of $2.13 a share - Earnings Preview

Venus Concept

12/05/2023 15:40

* Venus Concept Inc  VERO.OQ   VERO.O  is expected to show a
fall
in quarterly revenue when it reports  results on May 15. 
    * The Toronto Ontario-based  company is expected to report 
a
29.7% decrease in revenue to $18.576 million from $26.41 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. The company's guidance on March 27
2023, for the period ended March 31, was for revenue between
$18.00 million and $19.00 million.
    * ​Refinitiv's mean analyst estimate for Venus Concept Inc
is for
a loss of $2.13 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"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 Venus
Concept Inc
is $24​, above​ its last closing price of $0.23. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  -2.18       -2.05      -2.10     Missed  -2.4
 Sep. 30 2022  -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
 ​​Dec.        -1.45       -1.46      -1.20     Beat    17.9
 31 2021                                                
 Sep. 30 2021  -1.81       -1.83      -2.70     Missed  -47.5​
 Jun. 30 2021  -1.64       -1.83      -0.60     Beat    67.2
 Mar. 31 2021  -2.29       -2.22      -2.55     Missed  -14.9
 This summary was machine generated May 12 at 14:40 GMT.  All
figures in US dollars  unless otherwise stated