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

Ondas

08/03/2024 12:53

* Ondas Holdings Inc  ONDS.OQ   ONDS.O  is expected to show
a rise
in quarterly revenue when it reports  results on March 12
(estimated) for the period ending December 31 2023
    * The Marlborough Massachusetts-based  company is expected
to
report a 792.3% increase in revenue to $4.274 million from $479
thousand a year ago, according to the mean estimate from 4
analysts, based on LSEG data.The company's guidance on November
14 2023, for the period ended December 31, was for revenue
between $4.20 million and $4.40 million.
    * ​LSEG's mean analyst estimate for Ondas Holdings 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 3 "strong buy" or "buy," 1
"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 Ondas
Holdings
Inc is $2.00​, above​ its last closing price of $1.22. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.17       -0.17      -0.15     Beat    13.5
 Jun. 30 2023  -0.17       -0.18      -0.18     Met     0
 Mar. 31 2023  -0.28       -0.28      -0.30     Missed  -5.3​
 Dec. 31 2022  -0.43       -0.42      -0.44     Missed  -3.5
 ​​Sep.        -0.24       -0.24      -0.32     Missed  -33.3
 30 2022                                                
 Jun. 30 2022  -0.22       -0.22      -0.27     Missed  -22.7​
 Mar. 31 2022  -0.18       -0.17      -0.24     Missed  -37.1
 Dec. 31 2021              -0.14      -0.10     Beat    31
 This summary was machine generated March 8 at 12:53 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)