Owlet Inc reports results for the quarter ended June 30 - Earnings Summary
Owlet Inc reports results for the quarter ended June 30 - Earnings Summary
Owlet Inc OWLT.N reported quarterly adjusted earnings of 20 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -5 cents. The mean expectation of five analysts for the quarter was for a loss of 5 cents per share. Wall Street expected results to range from -11 cents to 5 cents per share.
Revenue rose 29.9% to $33.90 million from a year ago; analysts expected $31.71 million.
Owlet Inc's reported EPS for the quarter was a loss of 5 cents.
The company reported a quarterly loss of $600 thousand.
Owlet Inc shares had fallen by 5.6% this quarter and lost 66.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 39.1% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the advanced medical equipment & technology peer group is also "buy"
Wall Street's median 12-month price target for Owlet Inc is $13.50, about 59.9% above its last closing price of $5.42
This summary was machine generated from LSEG data August 11 at 09:01 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | -0.05 | 0.20 | Beat |
Mar. 31 2026 | -0.19 | -0.09 | Beat |
Dec. 31 2025 | -0.11 | -0.03 | Beat |
Sep. 30 2025 | -0.20 | 0.03 | Beat |
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