Butterfly Network Inc expected to post a loss of 22 cents a share - Earnings Preview

Butterfly Network

24/02/2023 19:32

* Butterfly Network Inc  BFLY.N   BFLY.K  is expected
to show a
rise in quarterly revenue when it reports  results on February
28. 
    * The Burlington Massachusetts-based  company is expected to
report  a 5.0% increase in revenue to $19.933 million from
$18.99 million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Butterfly Network
Inc is
for a loss of 22 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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 $6​, above​ its last closing price of $2.28. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  -0.26       -0.26      -0.08     Beat    69.8
 ​​Sep.        -0.25       -0.25      -0.07     Beat    72
 30 2021                                                
 Jun. 30 2021  -0.24       -0.24      -0.02     Beat    91.7​
 This summary was machine generated February 24 at 19:32 GMT. 
All figures in US dollars  unless otherwise stated