Owlet Inc reports results for the quarter ended in December - Earnings Summary

Owlet

15/03/2023 21:02

* Owlet Inc  OWLT.N  reported a quarterly adjusted loss
of 14
cents​​ per share for the quarter ended in December. The mean
expectation of two analysts for the quarter was for a loss of 15
cents per share.
    * Revenue was $12.00 million​; analysts expected $12.92
million. 
    * Owlet Inc's reported EPS for the quarter was a loss of 17
cents​.
    * The mean earnings estimate of analysts had fallen by
about 19.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Owlet Inc shares had fallen by 35.6% this quarter.
    * The company reported a quarterly loss of $19.5 million.
    * Wall Street's median 12-month price target for Owlet Inc
is
$2.15 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
March 15 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.15          -0.14          Beat
 Sep. 30 2022      -0.15          -0.17          Missed
 Jun. 30 2022      -0.20          -0.16          Beat
 Mar. 31 2022      -0.17          -0.17          Met