Phunware Inc expected to post a loss of 45 cents a share - Earnings Preview

Phunware

08/05/2024 03:25

* Phunware Inc  PHUN.OQ   PHUN.O  is expected to show a fall
in
quarterly revenue when it reports  results on May 9 for the
period ending March 31 2024
    * The Austin Texas-based  company is expected to report a
74.8% decrease in revenue to $1.196 million from $4.75 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 45 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
$18.50​, above​ its last closing price of $6.89. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -1.90       -2.00      -4.62     Missed  -131
 Sep. 30 2023  -2.65       -2.75      -8.00     Missed  -190.9
 Jun. 30 2023  -3.00       -3.00      -3.00     Met     0​
 Mar. 31 2023  -3.50       -3.50      -2.00     Beat    42.9
 ​​Dec.        -4.00       -4.00      -4.50     Missed  -12.5
 31 2022                                                
 Jan. 1 0001   -3.50       -3.75      -4.00     Missed  -6.7​
 Jun. 30 2022  -2.50       -2.50      -8.50     Missed  -240
 Mar. 31 2022  -2.18       -2.25      -7.50     Missed  -233.3
 This summary was machine generated May 8 at 02:24 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)