Bionano Genomics Inc expected to post a loss of 64 cents a share - Earnings Preview

Bionano Genomics

07/05/2024 03:10

* Bionano Genomics Inc  BNGO.OQ   BNGO.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 8 for
the period ending January 1 0001
    * The San Diego California-based  company is expected to
report a
14.5% increase in revenue to $8.492 million from $7.42 million a
year ago, according to the mean estimate from 4 analysts, based
on LSEG data.The company's guidance on March 5 2024, for the
period ended March 31, was for revenue between $8.25 million and
$8.75 million.
    * ​LSEG's mean analyst estimate for Bionano Genomics Inc is
for a
loss of 64 cents per share. 
    * 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."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Bionano
Genomics
Inc is $6.00​, above​ its last closing price of $1.00. ​​​

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              -0.87                        
 Jan. 1 2023   -0.92       -0.97      -1.00     Missed  -3.1
 Jan. 1 0001   -1.00       -1.03      -1.24     Missed  -20​
 Mar. 31 2023  -1.10       -1.10      -1.20     Missed  -9.1
 ​​Jan.        -1.14       -1.10      -1.30     Missed  -18.2
 1 0001                                                 
 Jan. 1 0001   -1.18       -1.15      -1.10     Beat    4.3​
 Jun. 30 2022  -1.03       -0.91      -1.10     Missed  -20.4
 Jan. 1 0001   -0.87       -0.75      -1.10     Missed  -46.7
 This summary was machine generated May 7 at 02:09 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)