Butterfly Network Inc expected to post a loss of 13 cents a share - Earnings Preview

Butterfly Network

26/02/2024 22:16

* Butterfly Network Inc  BFLY.N   BFLY.K  is expected
to show a
fall in quarterly revenue when it reports  results on February
28 for the period ending December 31 2023
    * The Burlington Massachusetts-based  company is expected to
report a 19.1% decrease in revenue to $15.35 million from $18.98
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 13 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 Butterfly
Network
Inc is $3.38​, above​ its last closing price of $1.33. ​​​

This summary was machine generated February 26 at 22:16 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)