Everspin Technologies Inc expected to post a loss of 1 cents a share - Earnings Preview

EverSpin Technologies

02/11/2021 02:04

* Everspin Technologies Inc  MRAM.OQ   MRAM.O  is expected
to show a rise in quarterly revenue when it reports  results on
November 3 (estimated). 
* The Chandler, Arizona-based company is expected to report  a
20.6% increase in revenue to $12.2 million from $10.12 million a
year ago, according to the mean estimate from 2 analysts, based
on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Everspin Technologies
Inc is for a loss of 1 cents per share. For the same quarter
last year, the company reported a loss of 16 cents per share.
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "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 Everspin
Technologies Inc is $9.25​, about 33% above​ its last closing
price of $6.20. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 302021   -0.04       -0.04      0.04      Beat    200
 Mar. 312021   -0.06       -0.04      0.01      Beat    122.2
 Dec. 312020   -0.07       -0.06      -0.01     Beat    84.6​
 Sep. 302020   -0.03       -0.03      -0.16     Missed  -442.4
 ​​Jun.        -0.03       -0.03      -0.02     Beat    31
 302020                                                 
 Mar. 312020   -0.08       -0.08      -0.05     Beat    37.5​
 Dec. 312019               -0.16      -0.13     Beat    20.5
 Sep. 302019   -0.19       -0.19      -0.21     Missed  -10.5
 This summary was machine generated November 2 at 02:04 GMT.  All
figures in US dollars unless otherwise stated