SeaSpine Holdings: Q3 Earnings Insights

Loading...
Loading...

SeaSpine Holdings SPNE reported its Q3 earnings results on Thursday, October 28, 2021 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

SeaSpine Holdings missed their estimated earnings by 54.84%, reporting an EPS of $-0.48 versus an estimate of $-0.31, which surprised analysts.

Revenue was up $3,236,000 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.16, which was followed by a 20.73% drop in the share price the next day.

Here's a look at SeaSpine Holdings's past performance:

 

Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020
EPS Estimate -0.32 -0.33 -0.26 -0.31
EPS Actual -0.16 -0.46 -0.37 -0.24
Revenue Estimate 45.88M 40.23M 46.95M 41.96M
Revenue Actual 47.46M 41.95M 46.44M 43.21M

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

Market News and Data brought to you by Benzinga APIs
Posted In: EarningsBZI-Recaps
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...