Allurion Technologies Inc ALUR.N reported a quarterly adjusted loss of 14 cents per share for the quarter ended September 30. The mean expectation of four analysts for the quarter was for a loss of 18 cents per share. Wall Street expected results to range from -24 cents to -14 cents per share.
Revenue was $5.37 million; analysts expected $8.55 million.
Allurion Technologies Inc's reported EPS for the quarter was a loss of 14 cents.
The company reported a quarterly loss of $9 million.
Allurion Technologies Inc shares had risen by 15.9% this quarter and lost 81.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 28.6% 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 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
The average consensus recommendation for the software peer group is also "buy"
Wall Street's median 12-month price target for Allurion Technologies Inc is $2.25
This summary was machine generated from LSEG data November 13 at 03:23 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 | -0.18 | -0.14 | Beat |
Jun. 30 2024 | -0.24 | -0.05 | Beat |
Mar. 31 2024 | -0.30 | 0.11 | Beat |