Berkshire Grey Inc expected to post a loss of 12 cents a share - Earnings Preview

Berkshire Grey

24/03/2023 12:32

* Berkshire Grey Inc  BGRY.OQ   BGRY.O  is expected to show
a fall
in quarterly revenue when it reports  results on March 27
(estimated). 
    * The Bedford Massachusetts-based  company is expected to
report 
a 17.5% decrease in revenue to $19.462 million from $23.59
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Berkshire Grey Inc
is for
a loss of 12 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "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 Berkshire
Grey
Inc is $3.25​, above​ its last closing price of $1.19. ​​​

This summary was machine generated March 24 at 12:32 GMT.  All
figures in US dollars  unless otherwise stated