Preview: Cutera’s Earnings – Cutera (NASDAQ:CUTR)

Date:

Cutera CUTR is ready to present its newest quarterly earnings report on Tuesday, 2023-02-28. Here is what buyers must know earlier than the announcement.

Analysts estimate that Cutera will report an earnings per share (EPS) of $-0.24.

Cutera bulls will hope to listen to the corporate announce they’ve not solely crushed that estimate, but in addition to offer optimistic steering, or forecasted development, for the following quarter.

New buyers ought to notice that it’s generally not an earnings beat or miss that almost all impacts the worth of a inventory, however the steering (or forecast).

Previous Earnings Efficiency

Final quarter the corporate beat EPS by $0.02, which was adopted by a 6.0% enhance within the share value the following day.

Here is a take a look at Cutera’s previous efficiency and the ensuing value change:

Quarter Q3 2022 Q2 2022 Q1 2022 This autumn 2021
EPS Estimate -0.26 -0.15 -0.04 0.14
EPS Precise -0.24 -0.24 -0.32 0.13
Worth Change % 6.0% 0.76% -8.94% 7.56%
Quarter Q3 2022 Q2 2022 Q1 2022 This autumn 2021
EPS Estimate -0.26 -0.15 -0.04 0.14
EPS Precise -0.24 -0.24 -0.32 0.13
Worth Change % 6.0% 0.76% -8.94% 7.56%

Inventory Efficiency

Shares of Cutera have been buying and selling at $32.03 as of February 24. Over the past 52-week interval, shares are down 14.23%. On condition that these returns are usually adverse, long-term shareholders are seemingly bearish going into this earnings launch.

To trace all earnings releases for Cutera go to their earnings calendar on our web site.

This text was generated by Benzinga’s automated content material engine and reviewed by an editor.

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