Aterian Inc expected to post a loss of 64 cents a share - Earnings Preview

Aterian

07/08/2024 03:23

* Aterian Inc  ATER.OQ   ATER.O  is expected to show a fall
in
quarterly revenue when it reports  results on August 8 for the
period ending June 30 2024
    * The Summit New Jersey-based  company is expected to report
a
32.1% decrease in revenue to $23.945 million from $35.26 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Aterian Inc is for a
loss
of 64 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"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 Aterian Inc
is
$8.50​, above​ its last closing price of $2.75. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -1.08       -1.12      -0.76     Beat    32.1
 Dec. 31 2024  -1.52       -1.59      -1.20     Beat    24.5
 Sep. 30 2023  -1.57       -1.56      -0.96     Beat    38.5​
 Jan. 1 0001   -1.56       -1.56      -5.40     Missed  -246.2
 ​​Mar.        -1.95       -1.96      -1.44     Beat    26.5
 31 2023                                                
 Jan. 1 0001   -3.06       -2.97      -3.24     Missed  -9.1​
 Sep. 30 2022  -2.96       -2.68      -21.72    Missed  -710.5
 Jun. 30 2022  -1.43       -1.40      -3.12     Missed  -122.9
 This summary was machine generated August 7 at 02:22 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)