Butterfly Network Inc expected to post a loss of 21 cents a share - Earnings Preview

Butterfly Network

09/05/2023 19:30

* Butterfly Network Inc  BFLY.N   BFLY.K  is expected
to show a
rise in quarterly revenue when it reports  results on May 11. 
    * The Burlington Massachusetts-based  company is expected to
report  a 1.5% increase in revenue to $15.801 million from
$15.57 million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. The company's guidance on
February 28 2023, for the period ended March 31, was for revenue
between $15.57 million and $15.73 million.
    * ​Refinitiv's mean analyst estimate for Butterfly Network
Inc is
for a loss of 21 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 $5.25​, above​ its last closing price of $2.11. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  -0.27       -0.27      -0.18     Beat    33.3​
 Mar. 31 2022  -0.25       -0.25      -0.22     Beat    12
 ​​Dec.        -0.26       -0.26      -0.08     Beat    69.8
 31 2021                                                
 Sep. 30 2021  -0.25       -0.25      -0.07     Beat    72​
 Jun. 30 2021  -0.24       -0.24      -0.02     Beat    91.7
 This summary was machine generated May 9 at 18:30 GMT.  All
figures in US dollars  unless otherwise stated