Biolase Inc Expected To Post A Loss Of 17 Cents A Share: Earnings Preview

November 26

07/05/2024 12:29

* BIOLASE Inc  BIOL.OQ   BIOL.O  is expected to show a fall
in
quarterly revenue when it reports  results on May 13 for the
period ending March 31 2024
    * The Foothill Ranch California-based  company is expected
to
report a 4.5% decrease in revenue to $9.996 million from $10.47
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.The company's guidance on March 21
2024, for the period ended March 31, was for revenue of $10.467
million.
    * ​LSEG's mean analyst estimate for BIOLASE Inc is for a
loss
of 17 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 9.2%
in the last three months. ​
    * Wall Street's median 12-month price target for BIOLASE Inc
is
$2.25​, above​ its last closing price of $0.18. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -3.31       -2.55      -1.76     Beat    31.1
 Sep. 30 2023  -1.85       -1.85      -3.89     Missed  -110.3
 Jun. 30 2023  -4.00       -5.33      -8.24     Missed  -54.5​
 Jan. 1 0001   -21.31      -19.67     -18.00    Beat    8.5
 ​​Dec.        -64.18      -63.67     -1.28     Missed  -101
 31 2022                              hundred           
 Sep. 30 2022  -84.76      -84.33     -1.10     Missed  -30.4​
                                      hundred           
 Jun. 30 2022  -63.50      -62.25     -91.00    Missed  -46.2
 Mar. 31 2022  -79.00      -68.00     -81.00    Missed  -19.1
 This summary was machine generated May 7 at 11:29 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)