Neuropace Inc reports results for the quarter ended September 30 - Earnings Summary

reuters11-13 22:23
Neuropace Inc reports results for the quarter ended September 30 - Earnings Summary
  • Neuropace Inc NPCE.OQ reported a quarterly adjusted loss of 19 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -28 cents. The mean expectation of six analysts for the quarter was for a loss of 27 cents per share. Wall Street expected results to range from -29 cents to -24 cents per share.

  • Revenue rose 28.2% to $21.06 million from a year ago; analysts expected $19.08 million.

  • Neuropace Inc's reported EPS for the quarter was a loss of 19 cents​.

  • The company reported a quarterly loss of $5.45 million.

  • Neuropace Inc shares had risen by 2.4% this quarter and lost 30.7% so far this year.

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 6 "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 Neuropace Inc is $16.00

This summary was machine generated from LSEG data November 13 at 02:23 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

Sep. 30 2024

-0.27

-0.19

Beat

Jun. 30 2024

-0.30

-0.26

Beat

Mar. 31 2024

-0.32

-0.32

Met

Dec. 31 2023

-0.31

-0.23

Beat

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