Workflow
Unveiling Accuray (ARAY) Q2 Outlook: Wall Street Estimates for Key Metrics
AccurayAccuray(US:ARAY) Zacks Investment Researchยท2024-01-30 15:21

Group 1 - The upcoming report from Accuray (ARAY) is expected to show a quarterly loss of $0.07 per share, a decline of 250% compared to the previous year [1] - Analysts forecast revenues of $107.11 million, indicating a decrease of 6.7% year over year [1] - The consensus EPS estimate for the quarter has remained unchanged over the past 30 days, reflecting analysts' reassessment of their projections [1] Group 2 - Analysts expect 'Net revenue- Services' to be $50.70 million, a year-over-year change of -1.6% [2] - 'Net revenue- Products' is predicted to reach $56.41 million, showing a change of -10.8% from the year-ago quarter [2] - The average estimate for 'Order Backlog' is $462.45 million, down from $515.24 million a year ago [2] - Analysts suggest 'Net Orders' will likely be $61.16 million, compared to $40.87 million in the previous year [2] Group 3 - 'Gross Orders' are expected to be $81.74 million, an increase from $79.04 million reported in the same quarter last year [3] - Accuray shares have returned +1.1% over the past month, compared to the Zacks S&P 500 composite's +3.4% change [3] - With a Zacks Rank 3 (Hold), ARAY is anticipated to mirror overall market performance in the near future [3]