Butterfly Network Inc expected to post a loss of 15 cents a share - Earnings Preview

Butterfly Network

01/11/2023 02:08

* Butterfly Network Inc  BFLY.N   BFLY.K  is expected
to show a
fall in quarterly revenue when it reports  results on November
2. 
    * The Burlington Massachusetts-based  company is expected to
report  a 22.9% decrease in revenue to $15.128 million from
$19.62 million a year ago, according to the mean estimate from 4
analysts, based on LSEG data. 
    * ​Refinitiv's mean analyst estimate for Butterfly Network
Inc is
for a loss of 15 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 Butterfly
Network
Inc is $3.63​, above​ its last closing price of $0.85. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  -0.16       -0.16      -0.14     Beat    13.8
 Mar. 31 2023  -0.21       -0.21      -0.17     Beat    17.7
 Dec. 31 2022  -0.22       -0.22      -0.17     Beat    21.5​
 Sep. 30 2022  -0.24       -0.24      -0.27     Missed  -12.5
 ​​Jun.        -0.27       -0.27      -0.18     Beat    33.3
 30 2022                                                
 Mar. 31 2022  -0.25       -0.25      -0.22     Beat    12​
 Dec. 31 2021  -0.26       -0.26      -0.08     Beat    69.8
 Sep. 30 2021  -0.25       -0.25      -0.07     Beat    72
 This summary was machine generated November 1 at 02:08 GMT.  All
figures in US dollars  unless otherwise stated