AudioEye Inc expected to post breakeven results a share - Earnings Preview

AudioEye

06/11/2024 05:27

* AudioEye Inc  AEYE.OQ   AEYE.O  is expected to show a rise
in
quarterly revenue when it reports  results on November 7 for the
period ending January 1 0001
    * The Tucson Arizona-based  company is expected to report a
13.6% increase in revenue to $8.906 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 September 30 2024, for
the period ended September 30, was for revenue between $8.90
million and $8.95 million.
    * ​LSEG's mean analyst estimate for AudioEye Inc is for
breakeven
results per share. The company's EPS guidance on September 30
2024, for the period ended September 30, was between $0.15 and
$0.16 
    * 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
29.00​, above​ its last closing price of $22.75. ​​​

The company's guidance on September 30 2024 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD8.9 million and
USD1.95 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  
 Jun. 30 2024  -0.04       -0.04      -0.06     Missed  -60
 Jan. 1 2024   -0.07       -0.08      -0.07     Beat    8.7
 Jan. 1 0001               -0.11      -0.04     Beat    62.5​
 Sep. 30 2023  -0.14       -0.15      -0.11     Beat    25
 ​​Jan.        -0.15       -0.16      -0.17     Missed  -6.2
 1 0001                                                 
 Mar. 31 2023  -0.17       -0.17      -0.17     Met     -2​
 Jan. 1 0001   -0.22       -0.22      -0.17     Beat    22.7
 Sep. 30 2022  -0.24       -0.24      -0.20     Beat    18.4
 This summary was machine generated November 6 at 05:27 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)