InMode Boosts FY23 Adj. EPS Outlook

RTTNews | 576 dagar sedan
Stocktwits
InMode Boosts FY23 Adj. EPS Outlook

(RTTNews) - Based on preliminary financial results for the fourth quarter and full year 2023 on Tuesday, medical technology firm InMode Ltd. (INMD) currently expects adjusted earnings for the fourth quarter in a range of $0.68 to $0.69 per share on revenues between $126.0 million and $126.5 million.

On average, six analysts polled by Thomson Reuters expect the company to report earnings of $0.63 per share on revenues of $128.36 million for the quarter. Analysts' estimates typically exclude special items.

For fiscal 2023, the company now projects adjusted earnings in a range of $2.54 to $2.55 per share on revenues between $491.3 million and $491.8 million. Previously, the company expected adjusted earnings in the range of $2.47 to $2.50 per share on revenues between $485 million and $495 million.

The Street is currently looking for earnings of $2.49 per share on revenues of $493.60 million for the year.

Looking ahead to fiscal 2024, the company expects revenue to be in the range of $495 million to $505 million. Analysts expect revenues of $524.18 million for the year.

Taggar: INMD
Stocktwits
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InMode Sees Q2 Adj. EPS Well Above Estimates; Boosts FY22 Revenue Outlook

InMode Sees Q2 Adj. EPS Well Above Estimates; Boosts FY22 Revenue Outlook

While announcing preliminary results for the second quarter on Tuesday, medical technologies firm InMode Ltd. (INMD) now expects adjusted earnings for the second quarter in the range of $0.57 to $0.58 per share on revenues between $113.0 million and $113.3 million.
RTTNews | 1129 dagar sedan
Australian Market Extends Early Gains In Mid-market

Australian Market Extends Early Gains In Mid-market

The Australian stock market is extending its early gains in mid-market moves on Friday, adding the gains in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,900 level, with gains across most sectors led by energy and technology stocks.
RTTNews | 1h 11minuter sedan
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Friday, following the mixed cues from Wall Street overnight, as hotter-than expected US producer price inflation data and a resilient US labor market softened expectations of a higher interest rate cut by the US Fed in September. Traders also remain cautious ahead of the crucial U.S.-Russia talks to end the ongoing three-plus-year Russia-Ukraine war.
RTTNews | 1h 46minuter sedan
Lower Open Predicted For Thai Stock Market

Lower Open Predicted For Thai Stock Market

The Thai stock market has finished lower in two of three trading days since the end of the four-day winning streak in which it had surged almost 50 points or 4.1 percent. The Stock Exchange of Thailand now sits just above the 1,265-point plateau and it figures to remain rangebound again on Friday.
RTTNews | 2h 33minuter sedan
Japanese Market Notably Higher

Japanese Market Notably Higher

Reversing the losses in the previous session, the Japanese market is notably higher on Friday, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving well above the 42,800 level, with gains in index heavyweights and financial stocks as well as a mixed performance in all other sectors.
RTTNews | 2h 49minuter sedan
Indonesia Bourse Due For Consolidation On Friday

Indonesia Bourse Due For Consolidation On Friday

The Indonesia stock market has tracked higher in five straight sessions, improving more than 440 points or 5.8 percent along the way. The Jakarta Composite Index now sits just above the 7,930-point plateau although investors figure to lock in gains on Friday.
RTTNews | 3h 3minuter sedan
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