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Surmodics Inc <SRDX.OQ> expected to post a loss of 12 cents a share - Earnings Preview

ReutersJan 29, 2025 1:34 PM
  • Surmodics Inc SRDX.OQ SRDX.O is expected to show a rise in quarterly revenue when it reports results on January 31 (estimated) for the period ending December 31 2024

  • The Eden Prairie Minnesota-based company is expected to report a 9.2% increase in revenue to $33.367 million from $30.55 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Surmodics Inc is for a loss of 12 cents 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. ​

  • Wall Street's median 12-month price target for Surmodics Inc is $43.00​, above​ its last closing price of $35.79. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

-0.30

-0.29

-0.13

Beat

55.8

Jun. 30 2024

-0.33

-0.33

-0.27

Beat

18.2

Mar. 31 2024

-0.32

-0.32

0.07

Beat

121.9​

Dec. 31 2023

-0.32

-0.30

0.00

Beat

100

​​Sep. 30 2023

0.18

0.19

0.53

Beat

186.5

Jun. 30 2023

-0.22

0.05

0.52

Beat

893.7​

Mar. 31 2023

-0.49

-0.51

-0.40

Beat

21.3

Dec. 31 2022

-0.65

-0.66

-0.50

Beat

23.8

This summary was machine generated January 29 at 13:34 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)

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

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