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

Eargo

10/08/2023 22:47

* Eargo Inc  EAR.OQ  reported a quarterly adjusted loss of
$1.08​​
per share for the quarter ended in June. The lone analyst
forecast for the quarter was for a loss of 97 cents per share.
    * Revenue rose 11.9% to $8.11 million from a year ago;
analysts
expected $8.25 million. 
    * 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. 
    * Eargo Inc shares had fallen by 27.2% this quarter and
lost 68.8%
so far this year.
    * 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
August 10 at 09:47 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.97          -1.08          Missed
 Mar. 31 2023      -1.90          -0.90          Beat
 Dec. 31 2022      -1.00          -4.18          Missed
 Sep. 30 2022      -11.27         -24.20         Missed