AngioDynamics Inc reports results for the quarter ended in May - Earnings Summary
AngioDynamics Inc ANGO.OQ reported a quarterly adjusted loss of 6 cents per share for the quarter ended in May, lower than the same quarter last year, when the company reported EPS of 2 cents. The mean expectation of three analysts for the quarter was for a loss of 17 cents per share. Wall Street expected results to range from -21 cents to -12 cents per share.
Revenue fell 22.1% to $70.98 million from a year ago; analysts expected $70.86 million.
AngioDynamics Inc's reported EPS for the quarter was a loss of 33 cents.
The company reported a quarterly loss of $13.45 million.
AngioDynamics Inc shares had fallen by 2.0% this quarter and lost 24.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 2.6% 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," no "hold" and no "sell" or "strong sell."
The average consensus recommendation for the medical equipment, supplies & distribution peer group is also "buy"
Wall Street's median 12-month price target for AngioDynamics Inc is $14.00
This summary was machine generated from LSEG data July 16 at 01:51 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
May. 31 2024 | -0.17 | -0.06 | Beat |
Feb. 29 2024 | -0.14 | -0.16 | Missed |
Nov. 30 2023 | -0.07 | -0.05 | Beat |
Aug. 31 2023 | -0.13 | -0.12 | Beat |
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