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

Neonode

08/11/2024 16:00

* Neonode Inc  NEON.OQ   NEON.O  is expected to show a fall
in
quarterly revenue when it reports  results  for the period
ending January 1 0001
    * The Stockholm-based  company is expected to report a
3.2% decrease in revenue to $961 thousand from $993 thousand a
year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Neonode Inc is for a
loss
of 12 cents per share. 
    * The one available analyst rating on the shares is "strong
buy".  
    * The average consensus recommendation for the electronic
equipment & parts peer group is also "Strong Buy".​
    * Wall Street's median 12-month price target for Neonode Inc
is
$26.75​, above​ its last closing price of $7.32. ​​​

This summary was machine generated November 8 at 16:00 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)