Ouster Inc expected to post a loss of 62 cents a share - Earnings Preview

Ouster

09/08/2024 23:17

* Ouster Inc  OUST.N   OUST.K  is expected to show a rise in
quarterly revenue when it reports  results on August 13 for the
period ending June 30 2024
    * The San Francisco California-based  company is expected to
report a 39.4% increase in revenue to $27.029 million from $19.4
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.The company's guidance on May 9
2024, for the period ended June 30, was for revenue between
$26.00 million and $28.00 million.
    * ​LSEG's mean analyst estimate for Ouster Inc is for a loss
of 62
cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"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
$13.00​, above​ its last closing price of $10.57. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -0.74       -0.72      -0.55     Beat    23.7
 Dec. 31 2024  -0.70       -0.83      -0.95     Missed  -14.5
 Jan. 1 0001   -1.15       -1.16      -0.89     Beat    23.3​
 Jun. 30 2023  -1.45       -1.48      -3.19     Missed  -115.5
 ​​Mar.        -2.21       -2.20      -2.65     Missed  -20.5
 31 2023                                                
 Dec. 31 2022  -1.87       -1.83      -1.90     Missed  -4.1​
 Sep. 30 2022  -1.74       -1.68      -2.00     Missed  -19.2
 Jun. 30 2022  -1.56       -1.75      -1.60     Beat    8.8
 This summary was machine generated August 9 at 22:17 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)