Genasys Inc expected to post a loss of 12 cents a share - Earnings Preview

Genasys

10/05/2024 22:30

* Genasys Inc  GNSS.OQ   GNSS.O  is expected to show a fall
in
quarterly revenue when it reports  results on May 14 for the
period ending March 31 2024
    * The San Diego California-based  company is expected to
report a
40.5% decrease in revenue to $6.675 million from $11.21 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data. (SAL is on Total Revenue Basis)
    * ​LSEG's mean analyst estimate for Genasys Inc is for a
loss
of 12 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 2.0%
in the last three months. ​
    * Wall Street's median 12-month price target for Genasys Inc
is
$4.88​, above​ its last closing price of $2.15. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -0.10       -0.10      -0.15     Missed  -56.2
 Sep. 30 2023  -0.08       -0.08      -0.07     Beat    12.5
 Jun. 30 2023  -0.05       -0.05      -0.04     Beat    14.3​
 Mar. 31 2023  -0.07       -0.07      -0.09     Missed  -33.3
 ​​Dec.        -0.04       -0.05      -0.10     Missed  -90.5
 31 2022                                                
 Sep. 30 2022  -0.01       -0.01      -0.02     Missed  -60​
 Jun. 30 2022  -0.01       -0.02      -0.02     Met     11.1
 Mar. 31 2022  -0.04       -0.04      -0.01     Beat    75
 This summary was machine generated May 10 at 21:30 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)