Fluent Inc expected to post a loss of 1 cent a share - Earnings Preview

Fluent

13/05/2023 02:44

* Fluent Inc  FLNT.OQ   FLNT.O  is expected to show a fall
in
quarterly revenue when it reports  results on May 15. 
    * The New York City-based  company is expected to report  a
8.5% decrease in revenue to $81.5 million from $89.06 million a
year ago, according to the estimate from one analyst, based on
Refinitiv data. The company's guidance on March 15 2023, for the
period ended March 31, was for revenue between $81.28 million
and $82.97 million.
    * ​Refinitiv's mean analyst estimate for Fluent Inc is for a
loss
of 1 cent per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"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 Fluent Inc
is
$3.5​, above​ its last closing price of $0.77. ​​​

This summary was machine generated May 13 at 01:44 GMT.  All
figures in US dollars  unless otherwise stated