Eargo Inc expected to post a loss of 42 cents a share - Earnings Preview

Eargo

24/11/2021 21:53

* Eargo Inc  EAR.OQ   EAR.O  is expected to show a rise in
quarterly revenue when it reports  results on November 26
(estimated). 
* The San Jose California-based  company is expected to report 
a 8.7% increase in revenue to $19.767 million from $18.19
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Eargo Inc is for a loss
of 42 cents per share. For the same quarter last year, the
company reported a loss of 2 cents per share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and 1 "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 Eargo Inc is
$10.5​, about 47% above​ its last closing price of $5.56. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2021  -0.26       -0.26      -0.36     Missed  -39.8
 Mar. 31 2021  -0.26       -0.26      -0.36     Missed  -39.8
 Dec. 31 2020  -0.20       -0.21      -0.39     Missed  -85.7​
 Sep. 30 2020  -0.34       -0.34      -0.02     Beat    94.1
 ​​                                                     
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 This summary was machine generated November 24 at 21:53 GMT. 
All figures in US dollars  unless otherwise stated