Butterfly Network Inc expected to post a loss of 9 cents a share - Earnings Preview

Butterfly Network

30/10/2024 13:27

* Butterfly Network Inc  BFLY.N   BFLY.K  is expected
to show a
rise in quarterly revenue when it reports  results on November 1
for the period ending September 30 2024
    * The Burlington Massachusetts-based  company is expected to
report a 23.3% increase in revenue to $19.007 million from
$15.42 million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.The company's guidance on August 1
2024, for the period ended September 30, was for revenue of
$19.000 million.
    * ​LSEG's mean analyst estimate for Butterfly Network Inc is
for a
loss of 9 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 3.00​, above​ its last closing price of $1.90. ​​​

The company's guidance on August 1 2024 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between 19 million and -9
million (USD).
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  -0.10       -0.10      -0.07     Beat    30
 Mar. 31 2024  -0.12       -0.12      -0.10     Beat    16.7
 Dec. 31 2023  -0.13       -0.13      -0.21     Missed  -55.6​
 Sep. 30 2023  -0.15       -0.15      -0.13     Beat    11.9
 ​​Jun.        -0.16       -0.16      -0.14     Beat    13.8
 30 2023                                                
 Mar. 31 2023  -0.21       -0.21      -0.17     Beat    17.7​
 Jan. 1 0001   -0.22       -0.22      -0.17     Beat    21.5
 Jan. 1 0001   -0.24       -0.24      -0.27     Missed  -12.5
 This summary was machine generated October 30 at 13:26 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)