Everspin Technologies Inc expected to post breakeven results a share - Earnings Preview

EverSpin Technologies

10/08/2022 03:00

* Everspin Technologies Inc  MRAM.OQ   MRAM.O  is expected
to show
a rise in quarterly revenue when it reports  results on August
11. 
    * The Chandler Arizona-based  company is expected to report 
a
19.0% increase in revenue to $14.1 million from $11.85 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 breakeven results per share. For the same quarter last
year, the company reported earnings of 4 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 $9.5​, above​ its last closing price
of $5.99. ​​​

This summary was machine generated August 10 at 02:00 GMT.  All
figures in US dollars  unless otherwise stated