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

IRIDEX

09/11/2021 22:15

* IRIDEX Corp  IRIX.OQ   IRIX.O  is expected to show a rise in
quarterly revenue when it reports  results on November 11. 
* The Mountain View, California-based company is expected to
report  a 35.2% increase in revenue to $11.905 million from $8.8
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
$10.5​, about 14% above​ its last closing price of $9.03. ​​​
This summary was machine generated November 9 at 22:15 GMT.  All
figures in US dollars  unless otherwise stated