Venus Concept Inc expected to post a loss of 9  cents a share - Earnings Preview

Venus Concept

11/05/2022 01:30

* Venus Concept Inc  VERO.OQ   VERO.O  is expected to show a
rise
in quarterly revenue when it reports  results on May 12. 
    * The Toronto Ontario-based  company is expected to report 
a
19.6% increase in revenue to $27.016 million from $22.6 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Venus Concept Inc
is for
a loss of 9 cents per share. For the same quarter last year, the
company reported a loss of 17 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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 $5.5​, above​ its last closing price of $0.74. ​​​
    * 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 2021  -0.10       -0.10      -0.08     Beat    17.9
 Sep. 30 2021  -0.12       -0.12      -0.18     Missed  -47.5
 Jun. 30 2021  -0.11       -0.12      -0.04     Beat    67.2​
 Mar. 31 2021  -0.15       -0.15      -0.17     Missed  -14.9
 ​​Dec.        -0.20       -0.19      -0.29     Missed  -55.9
 31 2020                                                
 Sep. 30 2020  -0.22       -0.22      -0.18     Beat    19.1​
 Jun. 30 2020  -0.37       -0.37      -0.39     Missed  -6.4
 Mar. 31 2020  -0.69       -0.71      -0.78     Missed  -9.9
 This summary was machine generated May 11 at 00:30 GMT.  All
figures in US dollars  unless otherwise stated