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

Owlet

11/05/2022 23:37

* Owlet Inc  OWLT.N  reported a quarterly adjusted loss
of 17
cents​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for a loss
of 17 cents per share.
    * Revenue was $21.50 million​;  analysts expected $21.62
million. 
    * Owlet Inc's reported EPS for the quarter was a loss of 26
cents​.
    * The mean earnings estimate of analysts had fallen by
about 14.7%
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 31.2% this quarter and
gained 14.6% so far this year.
    * The company reported a quarterly loss of $28.8 million.
    * Wall Street's median 12-month price target for Owlet Inc
is
$2.50 
    * 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." 

This summary was machine generated May 11 at 10:37 p.m.  ​All
figures in US dollars unless otherwise stated