Owlet Inc expected to post a loss of 20  cents a share - Earnings Preview

Owlet

09/08/2022 23:01

* Owlet Inc  OWLT.N   OWLT.K  is expected to show a fall in
quarterly revenue when it reports  results on August 11. 
    * The Los Angeles California-based  company is expected to
report 
a 4.0% decrease in revenue to $23.932 million from $24.94
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Owlet Inc is for a
loss
of 20 cents per share. For the same quarter last year, the
company reported a loss of 30 cents per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "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 Owlet Inc
is
$4.5​, above​ its last closing price of $2.11. ​​​
    * 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  -0.18       -0.17      -0.17     Met     -2.4
 Dec. 31 2022  -0.15       -0.14      -0.29     Missed  -101.4
 Sep. 30 2021  -0.10       -0.09      -0.13     Missed  -36.8​
 Jun. 30 2021  -0.14       -0.14      -0.30     Missed  -107.6
 ​​                                                     
                                                        ​
 This summary was machine generated August 9 at 22:01 GMT.  All
figures in US dollars  unless otherwise stated