Astra Space Inc reports results for the quarter ended in September - Earnings Summary

Astra Space

09/11/2022 07:57

* Astra Space Inc  ASTR.OQ  reported a quarterly adjusted
loss
of 26 cents​​ per share for the quarter ended in September. The
lone analyst forecast for the quarter was for a loss of 18 cents
per share.
    * Revenue was $2.78 million​; analysts expected $2.72
million. 
    * Astra Space Inc's reported EPS for the quarter was a loss
of 75
cents​.
    * The mean earnings estimate of analysts had risen by
about 10% in
the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Astra Space Inc shares had fallen by 4.3% this quarter and
lost 91.6% so far this year.
    * The company reported a quarterly loss of $199.11 million.
    * Wall Street's median 12-month price target for Astra Space
Inc
is $1.35 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
9 at 07:57 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.18          -0.26          Missed
 Jun. 30 2022      -0.20          -0.31          Missed
 Dec. 31 2021      -0.25          -0.20          Beat