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

Eargo

11/05/2023 22:02

* Eargo Inc  EAR.OQ  reported a quarterly adjusted loss
of 90
cents​​ per share for the quarter ended in March. The lone
analyst forecast for the quarter was for a loss of $1.90 per
share.
    * Revenue rose 28.7% to $11.81 million from a year ago;
analysts
expected $7.60 million. 
    * The mean earnings estimate of analysts had fallen by
about 90%
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 risen by 17.5% this quarter and
lost 52.2%
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 May
11 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      -5.73          -15.60         Missed