Agrify Corp expected to post a loss of $3.56 a share - Earnings Preview

RYTHM

17/03/2023 12:45

* Agrify Corp  AGFY.OQ   AGFY.O  is expected to show a fall
in
quarterly revenue when it reports  results on March 21
(estimated). 
    * The Billerica Massachusetts-based  company is expected to
report
 a 55.1% decrease in revenue to $11.346 million from $25.28
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Agrify Corp is for
a loss
of $3.56 per share. 
    * 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."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Agrify Corp
is
$3​, above​ its last closing price of $0.31. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  -4.07       -3.80      -8.48     Missed  -123
 Jun. 30 2022  -5.43       -4.32      -8.80     Missed  -103.5
 Mar. 31 2022  -3.32       -3.27      -3.60     Missed  -9.9​
 Dec. 31 2021  -1.80       -3.10      -5.40     Missed  -74.2
 ​​Sep.        -2.96       -2.95      -4.70     Missed  -59.3
 30 2021                                                
 Jun. 30 2021  -2.28       -2.30      -2.80     Missed  -21.7​
 Mar. 31 2021  -3.15       -3.15      -5.60     Missed  -77.8
 Dec. 31 2020  -7.30       -7.30      -10.80    Missed  -47.9
 This summary was machine generated March 17 at 12:45 GMT.  All
figures in US dollars  unless otherwise stated