nLIGHT Inc expected to post earnings of 7 cents a share - Earnings Preview

nLIGHT

04/08/2021 02:07

* nLIGHT Inc  LASR.OQ   LASR.O  is expected to show a rise in
quarterly revenue when it reports results on August 5. 
* The Camas, Washington-based company is expected to report   a
26.2% increase in revenue to $65.803 million from $52.14 million
a year ago, according to the mean estimate from 10 analysts,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for nLIGHT Inc is for
earnings of 7 cents per share. For the same quarter last year,
the company reported breakeven results 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 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
$38​, about 17.2% above​ its last closing price of $31.47. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.06        0.05       0.06      Beat    25
 Dec. 31 2020  0.06        0.06       0.12      Beat    105.1
 Sep. 30 2020  0.01        0.01       0.12      Beat    1,171.
                                                        2​
 Jun. 30 2020  -0.04       -0.05      0.00      Beat    100
 Mar.          -0.17​      -0.16      -0.08     Beat    49.1​
 31​ 2020​                                              
 Dec. 31 2019  -0.06       -0.05      -0.06     Missed  -17.6​
 Sep. 30 2019  0.01        0.02       0.01      Missed  -40
 Jun. 30 2019  0.06        0.06       0.05      Missed  -17.1
 This summary was machine generated August 4 at 01:07 GMT.  All
figures in US dollars unless otherwise stated