Rapid Micro Biosystems Inc expected to post a loss of 28 cents a share - Earnings Preview

Rapid Micro Biosystems

31/07/2024 16:07

* Rapid Micro Biosystems Inc  RPID.OQ   RPID.O  is expected
to show a rise in quarterly revenue when it reports  results on
August 2 for the period ending June 30 2024
    * The Lowell Massachusetts-based  company is expected to
report a
20.0% increase in revenue to $6 million from $5 million a year
ago, according to the mean estimate from 2 analysts, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Rapid Micro Biosystems
Inc is
for a loss of 28 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"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 Rapid Micro
Biosystems Inc is $4.75​, above​ its last closing price
of $0.68. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -0.29       -0.29      -0.31     Missed  -6.9
 Dec. 31 2024  -0.30       -0.30      -0.26     Beat    13.3
 Sep. 30 2023  -0.30       -0.31      -0.31     Met     -1.1​
 Jan. 1 0001   -0.35       -0.35      -0.33     Beat    5.7
 ​​Mar.        -0.37       -0.36      -0.32     Beat    12.3
 31 2023                                                
 Dec. 31 2022  -0.34       -0.36      -0.39     Missed  -8.3​
 Sep. 30 2022  -0.37       -0.37      -0.38     Missed  -3.6
 Jun. 30 2022  -0.33       -0.32      -0.31     Beat    2.4
 This summary was machine generated July 31 at 15:07 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)