Everspin Technologies Inc expected to post earnings of 6  cents a share - Earnings Preview

EverSpin Technologies

28/02/2023 24:41

* Everspin Technologies Inc  MRAM.OQ   MRAM.O  is expected
to show
a fall in quarterly revenue when it reports  results on March
1. 
    * The Chandler Arizona-based  company is expected to report 
a
19.9% decrease in revenue to $14.6 million from $18.22 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 earnings of 6 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​, above​ its last closing price of $6.89.
​​​

This summary was machine generated February 28 at 00:41 GMT. 
All figures in US dollars  unless otherwise stated