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

Eargo

25/03/2022 20:45

* Eargo Inc  EAR.OQ   EAR.O  is expected to show a rise in
quarterly revenue when it reports  results on March 27
(estimated). 
    * The San Jose California-based  company is expected to
report  a
8.7% increase in revenue to $19.763 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​, above​ its last closing price of $5.72. ​​​
    * 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
 ​​                                                     
                                                        ​
 This summary was machine generated March 25 at 20:45 GMT.  All
figures in US dollars  unless otherwise stated