Iridex Corp Expected To Post A Loss Of 14 Cents A Share: Earnings Preview

IRIDEX

08/05/2021 02:03

* IRIDEX Corp  IRIX.OQ   IRIX.O  is expected to show a rise in
quarterly revenue when it reports results on May 11 .
* The Mountain View, California-based company is expected to
report   a 9.8% increase in revenue to $9.902 million from $9.02
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for IRIDEX Corp is for a
loss of 14 cents per share. For the same quarter last year, the
company reported a loss of 12 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 IRIDEX Corp is
$9.5​, about 17.9% above​ its last closing price of $7.80. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020  -0.11       -0.10      -0.01     Beat    90.5
 Sep. 30 2020  -0.17       -0.17      -0.12     Beat    31.4
 Jun. 30 2020  -0.22       -0.22      -0.20     Beat    11.1​
 Mar. 31 2020  -0.17       -0.16      -0.12     Beat    27.3
 Dec.          ​           -0.15      -0.11     Beat    29​
 31​ 2019​                                              
 Sep. 30 2019  -0.17       -0.17      -0.13     Beat    25.7​
 Jun. 30 2019  -0.22       -0.22      -0.18     Beat    18.2
 Mar. 31 2019  -0.24       -0.24      -0.22     Beat    8.3
 This summary was machine generated May 8 at 01:03 GMT.  All
figures in US dollars unless otherwise stated