Nuwellis Inc expected to post a loss of $1.28 a share - Earnings Preview

Reuters11-09

Nuwellis Inc <nuwe.oq> expected to post a loss of $1.28 a share - Earnings Preview </nuwe.oq>

Nuwellis Inc NUWE.OQ NUWE.O is expected to show a fall in quarterly revenue when it reports results on November 11 for the period ending January 1 0001
The Eden Prairie Minnesota-based company is expected to report a 2.2% decrease in revenue to $2.358 million from $2.41 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.
LSEG's mean analyst estimate for Nuwellis Inc is for a loss of $1.28 per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "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 Nuwellis Inc is 16.00, above its last closing price of $1.76.

This summary was machine generated November 8 at 16:16 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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