AudioEye Inc expected to post a loss of 8 cents a share - Earnings Preview

AudioEye

19/04/2024 21:06

* AudioEye Inc  AEYE.OQ   AEYE.O  is expected to show a rise
in
quarterly revenue when it reports  results on April 23 for the
period ending March 31 2024
    * The Tucson Arizona-based  company is expected to report a
3.4% increase in revenue to $8.035 million from $7.77 million a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data.The company's guidance on March 6 2024, for the
period ended March 31, was for revenue between $8.00 million and
$8.10 million.
    * ​LSEG's mean analyst estimate for AudioEye Inc is for a
loss
of 8 cents per share. The company's EPS guidance on March 6
2024, for the period ended March 31, was between $0.06 and
$0.08 
    * 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 AudioEye
Inc is
$17.00​, above​ its last closing price of $13.01. ​​​

The company's guidance on March 6 2024 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD8 million and USD900 thousand.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023              -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. 31 2023  -0.17       -0.17      -0.17     Met     -2
 ​​Dec.        -0.22       -0.22      -0.17     Beat    22.7
 31 2022                                                
 Sep. 30 2022  -0.24       -0.24      -0.20     Beat    18.4​
 Jun. 30 2022  -0.33       -0.32      -0.23     Beat    29.2
 Mar. 31 2022  -0.42       -0.42      -0.32     Beat    24.7
 This summary was machine generated April 19 at 20:06 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)