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Stock impact report

Analysts Are Updating Their KORU Medical Systems, Inc. (NASDAQ:KRMD) Estimates After Its Second-Quarter Results [Yahoo! Finance]

KORU Medical Systems, Inc. (KRMD) 
Company Research Source: Yahoo! Finance
The results overall were pretty good, with revenues of US$8.4m exceeding expectations and statutory losses coming in at justUS$0.02 per share, some 52% below what the analysts had forecast. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year. View our latest analysis for KORU Medical Systems After the latest results, the five analysts covering KORU Medical Systems are now predicting revenues of US$32.2m in 2024. If met, this would reflect a credible 4.4% improvement in revenue compared to the last 12 months. The loss per share is expected to greatly reduce in the near future, narrowing 48% to US$0.13. Before this latest report, the consensus had been expecting revenues of US$31.7m and US$0.17 per share in losses. Although the r Show less Read more
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