Latch Inc reports results for the quarter ended in June - Earnings Summary

Latch

14/08/2021 24:37

* Latch Inc  LTCH.OQ  reported a quarterly adjusted loss of 66
cents​​ per share for the quarter ended in June. The mean
expectation of four analysts for the quarter was for a loss
of 23 cents per share.
* Revenue was $9.01 million​;  analysts expected $10.07
million. 
* Latch Inc's reported EPS for the quarter was a loss of 78
cents​.
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Latch Inc shares had fallen by 2.3% this quarter and
gained 18.5% so far this year.
* The company reported a quarterly loss of $40.07 million.
* Wall Street's median 12-month price target for Latch Inc is
$16.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
This summary was machine generated August 13 at 11:37 p.m.  ​All
figures in US dollars unless otherwise stated