Cardio Diagnostics Holdings Inc expected to post a loss of 11 cents a share - Earnings Preview

Cardio Diagnostics Holdings

09/08/2024 23:35

* Cardio Diagnostics Holdings Inc  CDIO.OQ   CDIO.O  is
expected
to show a rise in quarterly revenue when it reports  results on
August 12 (estimated) for the period ending June 30 2024
    * The Chicago Illinois-based  company is expected to report
a
5,525.0% increase in revenue to $112.5 thousand from $2 thousand
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Cardio Diagnostics
Holdings
Inc is for a loss of 11 cents per share. 
    * The current average analyst rating on the shares is "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 Cardio
Diagnostics Holdings Inc is $2.00​, above​ its last closing
price of $0.45. ​​​

This summary was machine generated August 9 at 22:35 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)