Owlet Inc expected to post a loss of 9 cents a share - Earnings Preview

Owlet

10/05/2023 03:02

* Owlet Inc  OWLT.N   OWLT.K  is expected to show a fall in
quarterly revenue when it reports  results on May 11. 
    * The Los Angeles California-based  company is expected to
report 
a 49.5% decrease in revenue to $10.876 million from $21.54
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 9 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 19.5%
in the last three months. ​
    * Wall Street's median 12-month price target for Owlet Inc
is
$2.03​, above​ its last closing price of $0.31. ​​​

This summary was machine generated May 10 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated