Beyond Air Inc expected to post a loss of 34 cents a share - Earnings Preview

Beyond Air

03/08/2024 01:08

* Beyond Air Inc  XAIR.OQ   XAIR.O  is expected to show a
rise in
quarterly revenue when it reports  results on August 6 for the
period ending June 30 2024
    * The Garden City New York-based  company is expected to
report a
1,392.8% increase in revenue to $880.75 thousand from $59
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 34 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
$5.50​, above​ its last closing price of $0.53. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   -0.41       -0.48      -0.36     Beat    24.4
 Dec. 31 0001  -0.55       -0.53      -0.50     Beat    5.7
 Sep. 30 2023  -0.49       -0.47      -0.51     Missed  -8.9​
 Jun. 30 2023  -0.47       -0.47      -0.45     Beat    3.6
 ​​Mar.        -0.52       -0.47      -0.67     Missed  -43.1
 31 2023                                                
 Dec. 31 2022  -0.41       -0.41      -0.43     Missed  -3.9​
 Sep. 30 2022  -0.37       -0.37      -0.40     Missed  -8.1
 Jun. 30 2022  -0.49       -0.47      -0.37     Beat    20.9
 This summary was machine generated August 3 at 00:08 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)