Biomerica Inc expected to post a loss of 10 cents a share - Earnings Preview

Biomerica

27/08/2021 13:31

* Biomerica Inc  BMRA.OQ   BMRA.O  is expected to show a fall in
quarterly revenue when it reports results on August 30
(estimated). 
* The Irvine, California-based company is expected to report   a
23.6% decrease in revenue to $2.083 million from $2.73 million a
year ago, according to the mean estimate from 2 analysts, based
on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Biomerica Inc is for a
loss of 10 cents per share. For the same quarter last year, the
company reported a loss of 4 cents per share.
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 2 "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 Biomerica Inc
is $11​, about 61.4% above​ its last closing price of $4.25. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Feb. 28 2021  -0.03       -0.08      -0.15     Missed  -87.5
 Nov. 30 2020  -0.10       -0.10      -0.13     Missed  -33.3
 Aug. 31 2020  -0.08       -0.08      -0.14     Missed  -75​
 May. 31 2020  -0.07       -0.07      -0.04     Beat    40
 Feb.          -0.07​      -0.06      -0.09     Missed  -38.5​
 29​ 2020​                                              
 Nov. 30 2019              -0.08      -0.05     Beat    37.5​
 Aug. 31 2019  -0.06       -0.06      -0.05     Beat    16.7
 May. 31 2019              -0.08      -0.08     Met     0
 This summary was machine generated August 27 at 12:31 GMT.  All
figures in US dollars unless otherwise stated