Eargo Inc expected to post a loss of 56 cents a share - Earnings Preview

Eargo

02/11/2022 02:01

* Eargo Inc  EAR.OQ   EAR.O  is expected to show a fall in
quarterly revenue when it reports  results on November 3. 
    * The San Jose California-based  company is expected to
report  a
68.2% decrease in revenue to $7.278 million from $22.87 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 56 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 had fallen by
about 27.4%
in the last three months. ​
    * Wall Street's median 12-month price target for Eargo Inc
is $2​,
above​ its last closing price of $0.63. ​​​

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 2022  -0.41       -0.29      -0.78     Missed  -172.1
 Mar. 31 2022              -0.17      -0.70     Missed  -311.8
 Dec. 31 2021              -0.40                        ​
 Sep. 30 2021              -0.42      -1.88     Missed  -344.1
 ​​Jun.        -0.26       -0.26      -0.36     Missed  -39.8
 30 2021                                                
 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 November 2 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated