Movella Holdings Inc expected to post a loss of 12 cents a share - Earnings Preview

Movella Holdings

08/08/2023 03:05

* Movella Holdings Inc  MVLA.OQ   MVLA.O  is expected
to report
results on August 9.
    * The Henderson Nevada-based  company is expected to report
revenue of $9.058 million, according to the mean estimate from 3
analysts, based on Refinitiv data.  
    * ​Refinitiv's mean analyst estimate for Movella Holdings
Inc is
for a loss of 12 cents per share. 
    * The current average analyst rating on the shares is "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 Movella
Holdings
Inc is $4.5​, above​ its last closing price of $1.66. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.05       -0.05      -0.08     Missed  -60
  2023                                                  
                                                        ​
 ​​                                                     
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 This summary was machine generated August 8 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated