NuVasive Announces Third Quarter 2021 Financial Results

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NuVasive (NUVA) PT Lowered to $75 at Truist Securities

November 10, 2021 6:48 AM EST

Truist Securities analyst Samuel Brodovsky lowered the price target on NuVasive (NASDAQ: NUVA) to $75.00 (from $80.00) while maintaining a Buy rating.

The analyst commented, "NUVA reported 3Q results with sales of $271M down ~8% sequentially, while adj. EPS came in at $0.32. Updated... More

NuVasive (NUVA) PT Lowered to $64 at Needham & Company

November 10, 2021 6:25 AM EST

Needham & Company analyst Mike Matson lowered the price target on NuVasive (NASDAQ: NUVA) to $64.00 (from $73.00) while maintaining a Buy rating.

The analyst commented, "NUVA's 3Q21 revenue was in line with its preannouncement while its EPS missed consensus. Management lowered 2021 revenue guidance... More

NuVasive (NUVA) Misses Q3 EPS by 23c; Lowers Outlook

November 9, 2021 4:28 PM EST

NuVasive (NASDAQ: NUVA) reported Q3 EPS of $0.32, $0.23 worse than the analyst estimate of $0.55. Revenue for the quarter came in at $270.8 million versus the consensus estimate of $293.18 million.

GUIDANCE:

NuVasive sees FY2021 EPS of $1.73-$1.83, versus the consensus of $2.23. NuVasive sees... More