Airgain Inc expected to post a loss of 1 cent a share - Earnings Preview

Airgain

09/11/2024 24:00

* Airgain Inc  AIRG.OQ   AIRG.O  is expected to show a rise
in
quarterly revenue when it reports  results on November 12 for
the period ending September 30 2024
    * The San Diego California-based  company is expected to
report a
16.8% increase in revenue to $16 million from $13.7 million a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data.The company's guidance on August 6 2024, for the
period ended September 30, was for revenue between $15.25
million and $16.75 million.
    * ​LSEG's mean analyst estimate for Airgain Inc is for a
loss of 1
cent per share. The company's EPS guidance on August 6 2024, for
the period ended September 30, was about USD-0.01
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Airgain Inc
is
8.00​, below​ its last closing price of $9.59. ​​​

The company's guidance on August 6 2024 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of of USD0.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   -0.07       -0.06      -0.05     Beat    23.1
 Mar. 31 0001  -0.08       -0.07      -0.08     Missed  -6.7
 Dec. 31 2023  -0.20       -0.20      -0.33     Missed  -65​
 Sep. 30 2023  -0.02       -0.02      -0.06     Missed  -166.7
 ​​Jun.        0.00        0.00       -0.01     Missed  -185.7
 30 2023                                                
 Mar. 31 2023  -0.06       -0.06      -0.08     Missed  -31.7​
 Jan. 1 0001   0.06        0.06       -0.11     Missed  -271.9
 Sep. 30 2022  0.00        0.00       0.06      Beat    2,900
 This summary was machine generated November 9 at 00:00 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)