NuZee Inc reports results for the quarter ended in September - Earnings Summary

CIMG

17/01/2024 05:54

* NuZee Inc  NUZE.OQ  reported a quarterly adjusted loss of
$3.33​​ per share for the quarter ended in September.  The lone
analyst forecast for the quarter was for a loss of $1.88 per
share. 
    * Revenue was $782.71 thousand​; analysts expected $700.00
thousand. 
    * NuZee Inc's reported EPS for the quarter was a loss of
$3.33​.
    * The company reported a quarterly loss of $2.57 million.
    * NuZee Inc shares had risen by 6.0% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the food
processing
peer group is also "buy"

Wall Street's median 12-month price target for NuZee Inc is
$24.00 
This summary was machine generated from LSEG data January 17 at
05:54 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      -1.88          -3.33          Missed
 Jun. 30 2023      -2.04          -2.63          Missed