$NVCN What Should We Expect From Neovasc Inc’s (

$NVCN What Should We Expect From Neovasc Inc’s (NASDAQ:NVCN) Earnings In The Years Ahead?



Neovasc Inc’s (NASDAQ:NVCN) most recent earnings announcement in December 2017 suggested that losses became smaller relative to the prrior year’s level as a result of recent tailwinds Below, I’ve presented key growth figures on how market analysts view Neovasc’s earnings growth trajectory over the next couple of years and whether the future looks brighter. I will be using net income excluding extraordinary items in order to exclude one-off volatility which I am not interested in. See our latest analysis for Neovasc

Market analysts’ prospects for the upcoming year seems relatively muted, with earnings continuing to flop around in the negative territory, generating -US$21.38M in 2019. However, earnings should move into an upward direction, arriving at -US$17.30M in 2020, and -US$13.04M in 2021.



While it’s informative understanding the rate of growth year by year relative to today’s figure, it may be more insightful gauging the rate at which the company is growing every year, on average. The advantage of this method is that it ignores near term flucuations and accounts for the overarching direction of Neovasc’s earnings trajectory over time, which may be more relevant for long term investors. To calculate this rate, I put a line of best fit through the forecasted earnings by market analysts. The slope of this line is the rate of earnings growth, which in this case is 45.71%. This means that, we can anticipate Neovasc will grow its earnings by 45.71% every year for the next few years.

Next Steps:
For Neovasc, I’ve compiled three important factors you should look at:

Financial Health: Does it have a healthy balance sheet? Take a look at our free balance sheet analysis with six simple checks on key factors like leverage and risk.
Management:Have insiders been ramping up their shares to take advantage of the market’s sentiment for NVCN’s future outlook? Check out our management and board analysis with insights on CEO compensation and governance factors.
Other High-Growth Alternatives: Are there other high-growth stocks you could be holding instead of NVCN? Explore our interactive list of stocks with large growth potential to get an idea of what else is out there you may be missing!