AudioEye Inc expected to post a loss of 4 cents a share - Earnings Preview

AudioEye

23/07/2024 22:09

* AudioEye Inc  AEYE.OQ   AEYE.O  is expected to show a rise
in
quarterly revenue when it reports  results on July 25 for the
period ending June 30 2024
    * The Tucson Arizona-based  company is expected to report a
7.6% increase in revenue to $8.431 million from $7.84 million a
year ago, according to the mean estimate from 4 analysts, based
on LSEG data.The company's guidance on April 23 2024, for the
period ended June 30, was for revenue between $8.40 million and
$8.50 million.
    * ​LSEG's mean analyst estimate for AudioEye Inc is for a
loss
of 4 cents per share. The company's EPS guidance on April 23
2024, for the period ended June 30, was between $0.12 and $0.13 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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 AudioEye
Inc is
$21.50​, above​ its last closing price of $21.33. ​​​

The company's guidance on April 23 2024 for the period ended
June 30 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD8.4 million and USD1.5 million.
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  -0.07       -0.08      -0.07     Beat    8.7
 Dec. 31 2024              -0.11      -0.04     Beat    62.5
 Sep. 30 2023  -0.14       -0.15      -0.11     Beat    25​
 Jun. 30 2023  -0.15       -0.16      -0.17     Missed  -6.2
 ​​Mar.        -0.17       -0.17      -0.17     Met     -2
 31 2023                                                
 Dec. 31 2022  -0.22       -0.22      -0.17     Beat    22.7​
 Sep. 30 2022  -0.24       -0.24      -0.20     Beat    18.4
 Jun. 30 2022  -0.33       -0.32      -0.23     Beat    29.2
 This summary was machine generated July 23 at 21:09 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)