23andMe Holding Co. expected to post a loss of 15 cents a share - Earnings Preview

Chrome Holding Co

21/05/2024 22:03

* 23andMe Holding Co.  ME.OQ   ME.O  is expected to show a
fall in
quarterly revenue when it reports  results on May 23 for the
period ending March 31 2024
    * The South San Francisco California-based  company is
expected to
report a 39.6% decrease in revenue to $55.823 million from
$92.38 million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for 23andMe Holding Co. is
for a
loss of 15 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "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 23andMe
Holding
Co. is $1.24​, above​ its last closing price of $0.55. ​​​

This summary was machine generated May 21 at 21:03 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)