Latch Inc expected to post a loss of 28  cents a share - Earnings Preview

Latch

23/02/2022 03:05

* Latch Inc  LTCH.OQ   LTCH.O  is expected to report
results on
February 24.
    * The New York City-based  company is expected to report
revenue
of $13.564 million, according to the mean estimate from 10
analysts, based on Refinitiv data.  
    * ​Refinitiv's mean analyst estimate for Latch Inc is for a
loss
of 28 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 4
"hold" and 1 "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 Latch Inc
is $9​,
about 43.4% above​ its last closing price of $5.09. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2021  -0.25       -0.25      -0.25     Met     2
 Jun. 30 2021  -0.23       -0.16      -0.66     Missed  -321.3
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 This summary was machine generated February 23 at 03:05 GMT. 
All figures in US dollars  unless otherwise stated