Cepton Inc expected to post a loss of 10 cents a share - Earnings Preview

Cepton

06/05/2023 03:07

* Cepton Inc  CPTN.OQ   CPTN.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 9. 
    * The San Jose California-based  company is expected to
report  a
38.7% increase in revenue to $2.06 million from $1.49 million a
year ago, according to the mean estimate from 5 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Cepton Inc is for a
loss
of 10 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 2.4%
in the last three months. ​
    * Wall Street's median 12-month price target for Cepton Inc
is
$2​, above​ its last closing price of $0.37. ​​​

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              -0.10      -0.10     Met     0
 Sep. 30 2022  -0.10       -0.10      -0.11     Missed  -4.8
 Jun. 30 2022  -0.10       -0.09      0.01      Beat    110.5​
 Mar. 31 2022  -0.09       -0.09      -0.11     Missed  -17.9
 ​​                                                     
                                                        ​
 This summary was machine generated May 6 at 02:07 GMT.  All
figures in US dollars  unless otherwise stated