Phunware Inc expected to post a loss of 26 cents a share - Earnings Preview

Phunware

06/11/2024 13:54

* Phunware Inc  PHUN.OQ   PHUN.O  is expected to show a fall
in
quarterly revenue when it reports  results on November 7 for the
period ending January 1 0001
    * The Austin Texas-based  company is expected to report a
53.2% decrease in revenue to $1.306 million from $2.79 million a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Phunware Inc is for a
loss
of 26 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"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 Phunware
Inc is
$16.00​, above​ its last closing price of $6.37. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   -0.38       -0.37      -0.32     Beat    13.5
 Jan. 1 0001   -0.46       -0.45      -0.33     Beat    27.2
 Dec. 31 2023  -1.90       -2.00      -4.62     Missed  -131​
 Jan. 1 0001   -2.65       -2.75      -8.00     Missed  -190.9
 ​​Jun.        -3.00       -3.00      -3.00     Met     0
 30 2023                                                
 Mar. 31 2023  -3.50       -3.50      -2.00     Beat    42.9​
 Dec. 31 2022  -4.00       -4.00      -4.50     Missed  -12.5
 Sep. 30 2022  -3.50       -3.75      -4.00     Missed  -6.7
 This summary was machine generated November 6 at 13:54 GMT.  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)