Ouster Inc expected to post a loss of 57 cents a share - Earnings Preview

Ouster

06/11/2024 05:01

* Ouster Inc  OUST.N   OUST.K  is expected to show a rise in
quarterly revenue when it reports  results on November 7 for the
period ending September 30 2024
    * The San Francisco California-based  company is expected to
report a 26.2% increase in revenue to $28.025 million from
$22.21 million a year ago, according to the mean estimate from 4
analysts, based on LSEG data.The company's guidance on August 13
2024, for the period ended September 30, was for revenue between
$27.00 million and $29.00 million.
    * ​LSEG's mean analyst estimate for Ouster Inc is for a loss
of 57
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"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 Ouster Inc
is
12.00​, above​ its last closing price of $7.46. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  -0.63       -0.62      -0.53     Beat    15.2
 Mar. 31 2024  -0.74       -0.72      -0.55     Beat    23.7
 Dec. 31 2023  -0.70       -0.83      -0.95     Missed  -14.5​
 Sep. 30 2023  -1.15       -1.16      -0.89     Beat    23.3
 ​​Jun.        -1.45       -1.48      -3.19     Missed  -115.5
 30 2023                                                
 Jan. 1 0001   -2.21       -2.20      -2.65     Missed  -20.5​
 Jan. 1 0001   -1.87       -1.83      -1.90     Missed  -4.1
 Sep. 30 2022  -1.74       -1.68      -2.00     Missed  -19.2
 This summary was machine generated November 6 at 05:01 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)