Avanos Medical: Q2 Earnings Insights

Avanos Medical AVNS reported its Q2 earnings results on Tuesday, August 9, 2022 at 07:00 AM.

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

Avanos Medical beat estimated earnings by 7.89%, reporting an EPS of $0.41 versus an estimate of $0.38.

Revenue was up $16.60 million from the same period last year.

Last quarter the company missed on EPS by $0.0 which was followed by a 4.2% drop in the share price the next day.

Here's a look at Avanos Medical's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.26	0.40	0.30	0.23
EPS Actual	0.26	0.46	0.25	0.21
Revenue Estimate	197.80M	191.32M	185.34M	180.56M
Revenue Actual	197.40M	193.40M	184.10M	186.40M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Avanos Medical management provided guidance for FY 2022, expecting earnings between $1.45 and $1.65 per share.

To track all earnings releases for Avanos Medical visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Calendar