nLIGHT Inc expected to post a loss of 16 cents a share - Earnings Preview

nLIGHT

03/05/2023 03:02

* nLIGHT Inc  LASR.OQ   LASR.O  is expected to show a fall
in
quarterly revenue when it reports  results on May 4. 
    * The Camas Washington-based  company is expected to report 
a
17.6% decrease in revenue to $53.104 million from $64.46 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. The company's guidance on February 23
2023, for the period ended March 31, was for revenue between
$50.00 million and $56.00 million.
    * ​Refinitiv's mean analyst estimate for nLIGHT Inc is for a
loss
of 16 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"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
$15.5​, above​ its last closing price of $9.08. ​​​

The company's guidance on February 23 2023 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between 50 million and -1 million (USD).The
company's guidance on February 23 2023 for the period ended
March 31 was for gross profit margin between USD17% and USD20%.
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 2022  -0.14       -0.14      -0.27     Missed  -95.2
 Sep. 30 2022  -0.08       -0.08      -0.11     Missed  -34.7
 Jun. 30 2022  -0.09       -0.09      -0.07     Beat    20.5​
 Mar. 31 2022  -0.08       -0.08      -0.04     Beat    52.7
 ​​Dec.        0.03        0.03       -0.01     Missed  -136.4
 31 2021                                                
 Sep. 30 2021  0.07        0.06       0.08      Beat    25​
 Jun. 30 2021  0.07        0.07       0.09      Beat    30.2
 Mar. 31 2021  0.06        0.05       0.06      Beat    25
 This summary was machine generated May 3 at 02:02 GMT.  All
figures in US dollars  unless otherwise stated