Everspin Technologies Inc expected to post a loss of 4 cents a share - Earnings Preview

EverSpin Technologies

03/08/2021 24:01

* Everspin Technologies Inc  MRAM.OQ   MRAM.O  is expected
to show a fall in quarterly revenue when it reports results on
August 4. 
* The Chandler, Arizona-based company is expected to report   a
3.2% decrease in revenue to $11.45 million from $11.83 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 4 cents per share. For the same quarter
last year, the company reported a loss of 2 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​, about 37.8% above​ its last closing
price of $5.60. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  -0.06       -0.04      0.01      Beat    122.2
 Dec. 31 2020  -0.07       -0.06      -0.01     Beat    84.6
 Sep. 30 2020  -0.03       -0.03      -0.16     Missed  -442.4
                                                        ​
 Jun. 30 2020  -0.03       -0.03      -0.02     Beat    31
 Mar.          -0.08​      -0.08      -0.05     Beat    37.5​
 31​ 2020​                                              
 Dec. 31 2019              -0.16      -0.13     Beat    20.5​
 Sep. 30 2019  -0.19       -0.19      -0.21     Missed  -10.5
 Jun. 30 2019  -0.30       -0.29      -0.21     Beat    28.8
 This summary was machine generated August 2 at 23:00 GMT.  All
figures in US dollars unless otherwise stated