Zynex Inc expected to post earnings of 17 cents a share - Earnings Preview

Zynex

27/02/2024 21:31

* Zynex Inc  ZYXI.OQ   ZYXI.O  is expected to show a rise in
quarterly revenue when it reports  results on February 29 for
the period ending December 31 2023
    * The Englewood Colorado-based  company is expected to
report a
11.7% increase in revenue to $54.527 million from $48.81 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.The company's guidance on October 26 2023,
for the period ended December 31, was for revenue between $52.50
million and $57.50 million. (Revenue is on Net Revenue Basis)
    * ​LSEG's mean analyst estimate for Zynex Inc is for
earnings of
17 cents per share. The company's EPS guidance on October 26
2023, for the period ended December 31, was between $0.17 and
$0.22 
    * 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."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Zynex Inc
is
$18.25​, above​ its last closing price of $12.82. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.09        0.09       0.10      Beat    7.1
 Jun. 30 2023  0.05        0.05       0.09      Beat    100
 Mar. 31 2023  0.02        0.01       0.04      Beat    200.1​
 Dec. 31 2022              0.19       0.20      Beat    6
 ​​Sep.        0.12        0.12       0.13      Beat    7.4
 30 2022                                                
 Jun. 30 2022  0.07        0.07       0.08      Beat    10.3​
 Mar. 31 2022  0.05        0.05       0.03      Missed  -36.8
 Dec. 31 2021  0.20        0.20       0.23      Beat    16.9
 This summary was machine generated February 27 at 21:31 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)