7 March 2023 10:02 p.m. All figures in US dollars. The loss announced by Profound Medical Corp in the fourth quarter were lower than the Refinitiv mean estimate of losses. The company reported losses of -46 cents per share, 3 cents higher than the same quarter last year when the company reported EPS of -49 cents. Losses of -36 cents per share were anticipated by the five analysts providing estimates for the quarter. Wall Street expected results to range from -40 cents to -31 cents per share, with a forecasted mean of -36 cents per share. The company reported revenue of $1.26 million, which is lower than the estimated $2.72 million. RECOMMENDATIONS * The consensus recommendation for the company is "Buy". * The average consensus recommendation for the food retail & distribution peer group is also "Buy". FORECAST CHANGES * Three analysts are currently providing Refinitiv with estimates. * In the last week there have been no earnings estimate revisions by analysts covering the company. There was no change to the number of estimates. YEAR OVER YEAR * The company reported a fall in revenue to $1.26 million from $3.45 million in the same quarter last year. * Previous quarterly performance (using earnings preferred measure) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET, MISSED Oct. 31 2022 1.32 1.50 Beat Jul. 31 2022 1.62 1.77 Beat Apr. 30 2022 1.48 1.30 Missed Jan. 31 2022 1.50 1.53 Beat This summary was machine generated from Refinitiv data March 7 at 10:02 p.m.
Profound Medical Corp <PRN.TO>: Losses of 46 cents announced for fourth quarter
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