Avanos Medical Inc reports results for the quarter ended December 31 - Earnings Summary

• Avanos Medical Inc AVNS.N reported quarterly adjusted earnings of 42 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 32 cents. The mean expectation of two analysts for the quarter was for earnings of 40 cents per share. Wall Street expected results to range from 39 cents to 41 cents per share.

• Revenue rose 3.6% to $179.60 million from a year ago; analysts expected $177.25 million.

• Avanos Medical Inc's reported EPS for the quarter was a loss of $8.64​.

• Avanos Medical Inc shares had fallen by 2.3% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.8% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the medical equipment, supplies & distribution peer group is also "hold"

Wall Street's median 12-month price target for Avanos Medical Inc is $20.00

This summary was machine generated from LSEG data February 26 at 02:31 p.m. UTC. ​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)