Beyond Air Inc expected to post a loss of 28 cents a share - Earnings Preview

Beyond Air

08/11/2024 22:37

* Beyond Air Inc  XAIR.OQ   XAIR.O  is expected to show a
rise in
quarterly revenue when it reports  results on November 11 for
the period ending September 30 2024
    * The Garden City New York-based  company is expected to
report a
336.2% increase in revenue to $1.043 million from $239 thousand
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Beyond Air Inc is for a
loss
of 28 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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 Beyond Air
Inc is
3.00​, above​ its last closing price of $0.51. ​​​

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  -0.32       -0.32      -0.27     Beat    15
 Mar. 31 2024  -0.41       -0.48      -0.36     Beat    24.4
 Dec. 31 2023  -0.55       -0.53      -0.50     Beat    5.7​
 Sep. 30 2023  -0.49       -0.47      -0.51     Missed  -8.9
 ​​Jun.        -0.47       -0.47      -0.45     Beat    3.6
 30 2023                                                
 Mar. 31 2023  -0.52       -0.47      -0.67     Missed  -43.1​
 Dec. 31 2022  -0.41       -0.41      -0.43     Missed  -3.9
 Jan. 1 0001   -0.37       -0.37      -0.40     Missed  -8.1
 This summary was machine generated November 8 at 22:37 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)