nLIGHT Inc expected to post a loss of 13 cents a share - Earnings Preview

nLIGHT

30/07/2024 21:37

* nLIGHT Inc  LASR.OQ   LASR.O  is expected to show a fall
in
quarterly revenue when it reports  results on August 1 for the
period ending June 30 2024
    * The Camas Washington-based  company is expected to report
a
7.8% decrease in revenue to $49.147 million from $53.3 million a
year ago, according to the mean estimate from 7 analysts, based
on LSEG data.The company's guidance on May 2 2024, for the
period ended June 30, was for revenue between $47.00 million and
$51.00 million.
    * ​LSEG's mean analyst estimate for nLIGHT Inc is for a loss
of 13
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"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 nLIGHT Inc
is
$15.00​, above​ its last closing price of $12.22. ​​​

The company's guidance on May 2 2024 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between 47 million and -1 million (USD).The
company's guidance on May 2 2024 for the period ended June 30
was for gross profit margin between USD18% and USD22%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -0.19       -0.19      -0.17     Beat    10
 Dec. 31 2024  -0.14       -0.14      -0.13     Beat    5.8
 Jan. 1 0001   -0.08       -0.08      -0.10     Missed  -27.7​
 Jan. 1 0001   -0.08       -0.08      -0.02     Beat    
 ​​Mar.        -0.18       -0.16      -0.04     Beat    74.8
 31 2023                                                
 Dec. 31 2022  -0.14       -0.14      -0.27     Missed  ​
 Sep. 30 2022  -0.08       -0.08      -0.11     Missed  -34.7
 Jun. 30 2022  -0.09       -0.09      -0.07     Beat    20.5
 This summary was machine generated July 30 at 20:37 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)