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

Fluent

22/03/2024 12:37

* Fluent Inc  FLNT.OQ   FLNT.O  is expected to show a fall
in
quarterly revenue when it reports  results on March 25
(estimated) for the period ending March 31 2024
    * The New York City-based  company is expected to report a
13.9% decrease in revenue to $66.5 million from $77.25 million a
year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Fluent Inc is for a loss
of 4
cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 16.7%
in the last three months. ​
    * Wall Street's median 12-month price target for Fluent Inc
is
$2.00​, above​ its last closing price of $0.48. ​​​

This summary was machine generated March 22 at 12:37 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)