Latch Inc expected to post a loss of 32  cents a share - Earnings Preview

Latch

04/05/2022 03:02

* Latch Inc  LTCH.OQ   LTCH.O  is expected to report
results on
May 5.
    * The New York City-based  company is expected to report
revenue
of $13.858 million, according to the mean estimate from 9
analysts, based on Refinitiv data.  
    * ​Refinitiv's mean analyst estimate for Latch Inc is for a
loss
of 32 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 had risen by
about 1.8%
in the last three months. ​
    * Wall Street's median 12-month price target for Latch Inc
is $6​,
above​ its last closing price of $3.35. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  -0.27       -0.27      -0.26     Beat    5.5
 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 May 4 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated