Beyond Air Inc expected to post a loss of 48 cents a share - Earnings Preview

Beyond Air

21/06/2024 21:04

* Beyond Air Inc  XAIR.OQ   XAIR.O  is expected to show a
rise in
quarterly revenue when it reports  results on June 24 for the
period ending March 31 2024
    * The Garden City New York-based  company is expected to
report
revenue of $747.2 thousand, according to the mean estimate from
5 analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Beyond Air Inc is for a
loss
of 48 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"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
$9.00​, above​ its last closing price of $1.31. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 30 2023  -0.47       -0.47      -0.45     Beat    3.6​
 Mar. 31 2023  -0.52       -0.47      -0.67     Missed  -43.1
 ​​Dec.        -0.41       -0.41      -0.43     Missed  -3.9
 31 2022                                                
 Sep. 30 2022  -0.37       -0.37      -0.40     Missed  -8.1​
 Jun. 30 2022  -0.49       -0.47      -0.37     Beat    20.9
 Jan. 1 0001   -0.28       -0.27      -0.73     Missed  -174.4
 This summary was machine generated June 21 at 20:04 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)