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

• Neuronetics Inc STIM.OQ reported a quarterly adjusted loss of 33 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -19 cents. The mean expectation of four analysts for the quarter was for a loss of 25 cents per share. Wall Street expected results to range from -28 cents to -23 cents per share.

• Revenue rose 10.7% to $22.49 million from a year ago; analysts expected $19.63 million.

• Neuronetics Inc's reported EPS for the quarter was a loss of 33 cents​.

• The company reported a quarterly loss of $12.16 million.

• Neuronetics Inc shares had risen by 164.6% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged 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 "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the advanced medical equipment & technology peer group is also "buy"

Wall Street's median 12-month price target for Neuronetics Inc is $3.00

This summary was machine generated from LSEG data March 4 at 04:51 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)