Edap Tms S.A. (EDAP) Set to Announce Quarterly Earnings on Wednesday
Edap Tms S.A. (NASDAQ:EDAP) will be issuing its quarterly earnings data before the market opens on Wednesday, August 23rd. Analysts expect the company to announce earnings of ($0.02) per share for the quarter.
Edap Tms (NASDAQ:EDAP) last announced its earnings results on Wednesday, May 17th. The medical equipment provider reported $0.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.16. The company had revenue of $9.29 million for the quarter, compared to analyst estimates of $9.35 million. Edap Tms had a return on equity of 27.90% and a net margin of 11.95%. On average, analysts expect Edap Tms to post $0.18 EPS for the current fiscal year and $0.11 EPS for the next fiscal year.
Shares of Edap Tms S.A. (EDAP) opened at 2.71 on Wednesday. The stock’s 50 day moving average price is $3.12 and its 200-day moving average price is $2.91. The firm has a market capitalization of $78.58 million, a price-to-earnings ratio of 16.13 and a beta of 0.98. Edap Tms S.A. has a 12 month low of $2.25 and a 12 month high of $3.85.
Several research firms have recently issued reports on EDAP. Zacks Investment Research upgraded Edap Tms from a “strong sell” rating to a “hold” rating in a research report on Thursday, May 18th. HC Wainwright set a $7.00 price target on Edap Tms and gave the stock a “buy” rating in a research report on Wednesday, July 19th. Finally, ValuEngine upgraded Edap Tms from a “sell” rating to a “hold” rating in a research report on Friday, May 19th.
Edap Tms Company Profile
EDAP TMS SA (EDAP) is a holding company engaged in developing and marketing the Ablatherm and Focal One devices. The Company operates two divisions: High Intensity Focused Ultrasound (HIFU) and Urology Devices and Services (UDS) (including lithotripsy activities). The Company is developing HIFU technology for the treatment of certain other types of tumors.
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