Kopin Corp expected to post a loss of 5 cents a share - Earnings Preview

Kopin

07/05/2024 16:42

* Kopin Corp  KOPN.OQ   KOPN.O  is expected to show a fall
in
quarterly revenue when it reports  results on May 9 (estimated)
for the period ending March 31 2024
    * The Westborough Massachusetts-based  company is expected
to
report a 16.3% decrease in revenue to $9.008 million from $10.76
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Kopin Corp is for a loss
of 5
cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 3 "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 Kopin Corp
is
$3.00​, above​ its last closing price of $0.91. ​​​

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              -0.03      -0.04     Missed  -33.3
 Sep. 30 2023  -0.04       -0.03      -0.01     Beat    71.4
 Jun. 30 2023  -0.02       -0.03      -0.06     Missed  -125​
 Mar. 31 2023  -0.03       -0.03      -0.02     Beat    42.9
 ​​Dec.        -0.04       -0.03      -0.06     Missed  -73.9
 31 2022                                                
 Sep. 30 2022  -0.04       -0.04      -0.04     Met     0​
 Jan. 1 0001               -0.03      -0.05     Missed  -42.9
 Mar. 31 2022  -0.03       -0.03      -0.01     Beat    71.4
 This summary was machine generated May 7 at 15:42 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)