Eargo Inc reports results for the quarter ended in December - Earnings Summary

Eargo

23/03/2023 21:01

* Eargo Inc  EAR.OQ  reported a quarterly adjusted loss of
$4.18​​
per share for the quarter ended in December. The lone analyst
forecast for the quarter was for a loss of 100 cents per share.
    * Revenue was $12.92 million​; analysts expected $8.06
million. 
    * The mean earnings estimate of analysts had risen by
about 84.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Eargo Inc shares had fallen by 62.8% this quarter.
    * The company reported a quarterly loss of $43.77 million.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
March 23 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -1.00          -4.18          Missed
 Sep. 30 2022      -11.27         -24.20         Missed
 Jun. 30 2022      -5.73          -15.60         Missed
 Mar. 31 2022      -3.40          -14.00         Missed