Outset Medical Inc <OM.OQ> expected to post a loss of 41 cents a share - Earnings Preview
Outset Medical Inc OM.OQ OM.O is expected to show a fall in quarterly revenue when it reports results on February 19 for the period ending December 31 2024
The San Jose California-based company is expected to report a 6.7% decrease in revenue to $28.474 million from $30.51 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.
LSEG's mean analyst estimate for Outset Medical Inc is for a loss of 41 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 2 "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 Outset Medical Inc is $3.00, above its last closing price of $0.90.
The company's guidance on August 7 2024 for the period ended December 31 was for gross profit margin between 34% and 36%.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | -0.42 | -0.42 | -0.39 | Beat | 7.5 |
Jun. 30 2024 | -0.45 | -0.45 | -0.47 | Missed | -4.1 |
Mar. 31 2024 | -0.56 | -0.55 | -0.57 | Missed | -3.9 |
Dec. 31 2023 | -0.61 | -0.61 | -0.59 | Beat | 4.1 |
Sep. 30 2023 | -0.67 | -0.67 | -0.71 | Missed | -6.5 |
Jun. 30 2023 | -0.84 | -0.76 | -0.90 | Missed | -18 |
Mar. 31 2023 | -0.78 | -0.74 | -0.90 | Missed | -21.3 |
Dec. 31 2022 | -0.91 | -0.86 | -0.86 | Met | 0 |
This summary was machine generated February 17 at 21:59 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)
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