Penumbra Incexpected to post earnings of 56 cents a share - Earnings Preview
Penumbra Inc is expected to report a 14.1% increase in quarterly revenue to $298.36 million. The mean earnings estimate is 56 cents per share. The average analyst rating is "buy" with a median 12-month price target of $254.50.
Penumbra Inc (PEN.N) (PEN) is expected to show a rise in quarterly revenue when it reports results on July 30 for the period ending June 30 2024
The Alameda California-based company is expected to report a 14.1% increase in revenue to $298.36 million from $261.5 million a year ago, according to the mean estimate from 15 analysts, based on LSEG data.
LSEG’s mean analyst estimate for Penumbra Inc is for earnings of 56 cents per share.
The current average analyst rating on the shares is “buy” and the breakdown of recommendations is 12 “strong buy” or “buy,” 5 “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 Penumbra Inc is $254.50, above its last closing price of $178.43. Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Mar. 31 2024 0.37 0.38 0.41 Beat 8.4
Dec. 31 2024 0.72 0.70 0.76 Beat 8.6
Sep. 30 2023 0.45 0.45 0.67 Beat 47.3
Jun. 30 2023 0.28 0.28 0.43 Beat 54.3
Mar. 0.11 0.11 0.23 Beat 111.2
31 2023
Dec. 31 2022 0.15 0.15 0.16 Beat 9.8
Sep. 30 2022 0.00 0.01 0.01 Met 19.6
Jun. 30 2022 -0.03 -0.03 0.01 Beat 131.4
This summary was machine generated July 27 at 00:10 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)