Fluent Inc expected to post breakeven results a share - Earnings Preview

Fluent

12/08/2023 02:28

* Fluent Inc  FLNT.OQ   FLNT.O  is expected to show a fall
in
quarterly revenue when it reports  results on August 14. 
    * The New York City-based  company is expected to report  a
11.9% decrease in revenue to $86.61 million from $98.36 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. The company's guidance on May 15 2023,
for the period ended June 30, was for revenue between $85.75
million and $87.30 million.
    * ​Refinitiv's mean analyst estimate for Fluent Inc is for
breakeven results 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​, above​ its last closing price of $0.63. ​​​

This summary was machine generated August 12 at 01:28 GMT.  All
figures in US dollars  unless otherwise stated