Berkshire Grey Inc reports results for the quarter ended in June - Earnings Summary

Berkshire Grey

11/08/2022 14:33

* Berkshire Grey Inc  BGRY.OQ  reported a quarterly adjusted
loss
of 13 cents​​ per share for the quarter ended in June. The mean
expectation of four analysts for the quarter was for a loss
of 15 cents per share.
    * Revenue was $23.45 million​; analysts expected $8.62
million. 
    * Berkshire Grey Inc's reported EPS for the quarter was a
loss
of 12 cents​.
    * The mean earnings estimate of analysts had fallen by
about 5.2%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Berkshire Grey Inc shares had risen by 90.3% this
quarter and
lost 49.8% so far this year.
    * The company reported a quarterly loss of $28.98 million.
    * Wall Street's median 12-month price target for Berkshire
Grey
Inc is $6.00 
    * 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." 

This summary was machine generated from Refinitiv data August 11
at 01:33 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.15          -0.13          Beat
 Mar. 31 2022      -0.13          -0.13          Met
 Dec. 31 2021      -0.13          -0.16          Missed
 Sep. 30 2021      -0.12          -0.22          Missed