* KORU Medical Systems Inc reported a quarterly adjusted loss of 3 cents per share for the quarter ended September 30, identical to the same quarter last year. The mean expectation of five analysts for the quarter was for a loss of 4 cents per share. Wall Street expected results to range from -5 cents to -3 cents per share.
* Revenue rose 16.8% to $8.18 million from a year ago; analysts expected $7.68 million.
* KORU Medical Systems Inc's reported EPS for the quarter was a loss of 3 cents.
* The company reported a quarterly loss of $1.58 million.
* KORU Medical Systems Inc shares had risen by 8.8% this quarter and gained 21.0% 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 5 "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 KORU Medical Systems Inc is 4.00 This summary was machine generated from LSEG data November 14 at 04:15 a.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 -0.04 -0.03 Beat
Jun. 30 2024 -0.04 -0.02 Beat
Mar. 31 2024 -0.04 -0.02 Beat
Dec. 31 2023 -0.04 -0.03 Beat
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