Butterfly Network Inc expected to post a loss of 12 cents a share - Earnings Preview

Butterfly Network

29/04/2024 23:29

* Butterfly Network Inc  BFLY.N   BFLY.K  is expected
to show a
rise in quarterly revenue when it reports  results on May 1 for
the period ending January 1 0001
    * The Burlington Massachusetts-based  company is expected to
report a 8.6% increase in revenue to $16.8 million from $15.48
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Butterfly Network Inc is
for a
loss of 12 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 had risen by
about 5.8%
in the last three months. ​
    * Wall Street's median 12-month price target for Butterfly
Network
Inc is $3.38​, above​ its last closing price of $0.81. ​​​

This summary was machine generated April 29 at 22:29 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)