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Accuray (ARAY) Reports Q3 Loss, Lags Revenue Estimates
ARAYAccuray(ARAY) Zacks Investment Research·2024-05-01 22:46

分组1 - Accuray reported a quarterly loss of 0.06pershare,missingtheZacksConsensusEstimateofalossof0.06 per share, missing the Zacks Consensus Estimate of a loss of 0.01, and compared to earnings of 0.01pershareayearago,indicatinganearningssurpriseof5000.01 per share a year ago, indicating an earnings surprise of -500% [1] - The company's revenues for the quarter ended March 2024 were 101.13 million, missing the Zacks Consensus Estimate by 11.75%, and down from $118.06 million year-over-year [1] - Accuray has not surpassed consensus EPS estimates over the last four quarters, and has topped consensus revenue estimates only twice in the same period [1] 分组2 - Accuray shares have declined approximately 24.7% since the beginning of the year, contrasting with the S&P 500's gain of 5.6% [2] - The company's earnings outlook, including current consensus earnings expectations for upcoming quarters, will be crucial for investors [2] - The current consensus EPS estimate for the next quarter is 0.07onrevenuesof0.07 on revenues of 137.8 million, and for the current fiscal year, it is -0.07onrevenuesof0.07 on revenues of 463.5 million [4] 分组3 - The Zacks Industry Rank places Medical - Instruments in the bottom 44% of over 250 Zacks industries, indicating potential underperformance compared to the top 50% of ranked industries [4] - The trend of estimate revisions for Accuray is mixed, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market [3]