Omniq Corp expected to post a loss of 26  cents a share - Earnings Preview

Omniq

09/08/2022 03:01

* Omniq Corp  OMQS.OQ   OMQS.O  is expected to show a rise
in
quarterly revenue when it reports  results on August 14. 
    * The Salt Lake City Utah-based  company is expected to
report  a
97.4% increase in revenue to $25.9 million from $13.12 million a
year ago, according to the mean estimate from 2 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Omniq Corp is for a
loss
of 26 cents per share. For the same quarter last year, the
company reported a loss of 53 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Omniq Corp
is
$13​, above​ its last closing price of $8.38. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  -0.26       -0.25      -0.34     Missed  -36
 Dec. 31 2022  -0.38       -0.41      -0.34     Beat    17.1
 Sep. 30 2021  -0.27       -0.27      -0.73     Missed  -170.4
                                                        ​
 Jun. 30 2021  -0.64       -0.64      -0.53     Beat    17.2
 ​​Mar.        -0.42       -0.42      -0.70     Missed  -66.7
 31 2021                                                
                                                        ​
 Sep. 30 2020              -0.15      -0.83     Missed  -453.3
 Jun. 30 2020  -0.18       -0.18      -0.49     Missed  -172.2
 This summary was machine generated August 9 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated