Agrify Corp expected to post a loss of 33  cents a share - Earnings Preview

RYTHM

09/05/2022 18:09

* Agrify Corp  AGFY.OQ   AGFY.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 11. 
    * The Billerica Massachusetts-based  company is expected to
report
 a 262.0% increase in revenue to $25.369 million from $7.01
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Agrify Corp is for
a loss
of 33 cents per share. For the same quarter last year, the
company reported a loss of 56 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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 Agrify Corp
is
$13.5​, above​ its last closing price of $2.84. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  -0.18       -0.31      -0.54     Missed  -74.2
 Sep. 30 2021  -0.30       -0.29      -0.47     Missed  -59.3
 Jun. 30 2021  -0.23       -0.23      -0.28     Missed  -21.7​
 Mar. 31 2021  -0.32       -0.31      -0.56     Missed  -77.8
 ​​Dec.        -0.73       -0.73      -1.08     Missed  -47.9
 31 2020                                                
                                                        ​
 This summary was machine generated May 9 at 17:09 GMT.  All
figures in US dollars  unless otherwise stated