AVH 1.58% $3.12 avita medical inc.

Ann: AVITA Medical Q4 2023 Investor Presentation, page-44

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  1. 494 Posts.
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    @Melody432 Unbelievably, some of the EPS consensus estimates have improved since the Q1 revenue downgrade which confirms your theory that there must be a calculator shortage. Some analysts don't deserve any credibility.

    https://hotcopper.com.au/data/attachments/6114/6114751-eb74fab3b93f75773f2d17d84741c7ef.jpg
    https://hotcopper.com.au/data/attachments/6114/6114754-4e9dc87a78c530805e0eaf60a5f0a4f1.jpg

    The following report has at least gone the right way but there's at least one analyst who needs to look for another job:

    https://hotcopper.com.au/data/attachments/6114/6114778-fa627814fcdfa6d3e64638683edfcd01.jpg

    All they had to do was read the announcement (I think this is where some must go wrong) and see that revenue is expected to be ~$4.05M lower than what the revenue they should've been working on for Q1 ($15.2M), and adjust accordingly e.g.,

    Previous EPS consensus: -0.42
    +
    Q1 adjustment: -0.16 (-$4.05M/25.6M)
    = -0.58 (new peak in opex/revenue)

    If we say -0.58 is right and consensus doesn't change over the next few weeks, they're looking at a:
    • 30% miss on -0.445
    • 93% miss on -0.30
    • 123% miss on -0.26

 
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