NextNav Inc expected to post a loss of 14 cents a share - Earnings Preview

Nextnav

06/08/2024 03:07

* NextNav Inc  NN.OQ   NN.O  is expected to show a rise in
quarterly revenue when it reports  results on August 7 for the
period ending June 30 2024
    * The Mclean Virginia-based  company is expected to report a
102.9% increase in revenue to $1.623 million from $800 thousand
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for NextNav Inc is for a
loss
of 14 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 39.3%
in the last three months. ​
    * Wall Street's median 12-month price target for NextNav Inc
is
$9.00​, above​ its last closing price of $7.06. ​​​

This summary was machine generated August 6 at 02:07 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)