Everspin Technologies Inc expected to post earnings of 12 cents a share - Earnings Preview

EverSpin Technologies

26/02/2024 21:54

* Everspin Technologies Inc  MRAM.OQ   MRAM.O  is expected
to show
a rise in quarterly revenue when it reports  results on February
28 for the period ending December 31 2023
    * The Chandler Arizona-based  company is expected to report
a
1.3% increase in revenue to $15.9 million from $15.69 million a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Everspin Technologies
Inc is
for earnings of 12 cents per share. 
    * The current average analyst rating on the shares is "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 $12.00​, above​ its last closing price
of $8.76. ​​​

This summary was machine generated February 26 at 21:54 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)