Berkshire Grey Inc expected to post a loss of 13 cents a share - Earnings Preview

Berkshire Grey

11/11/2022 14:05

* Berkshire Grey Inc  BGRY.OQ   BGRY.O  is expected to show
a rise
in quarterly revenue when it reports  results on November 14. 
    * The Bedford Massachusetts-based  company is expected to
report 
a 27.3% increase in revenue to $23.931 million from $18.79
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Berkshire Grey Inc
is for
a loss of 13 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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 $5​, above​ its last closing price of $1.17. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  -0.15       -0.15      -0.13     Beat    14.1
 Mar. 31 2022  -0.14       -0.13      -0.13     Met     2.3
 Dec. 31 2021  -0.11       -0.13      -0.16     Missed  -26.2​
 Sep. 30 2021  -0.12       -0.12      -0.22     Missed  -76.9
 ​​                                                     
                                                        ​
 This summary was machine generated November 11 at 14:05 GMT. 
All figures in US dollars  unless otherwise stated