Agrify Corp expected to post a loss of 43  cents a share - Earnings Preview

RYTHM

12/08/2022 15:47

* Agrify Corp  AGFY.OQ   AGFY.O  is expected to show a rise
in
quarterly revenue when it reports  results on August 15. 
    * The Billerica Massachusetts-based  company is expected to
report
 a 120.7% increase in revenue to $26.102 million from $11.83
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 43 cents per share. For the same quarter last year, the
company reported 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 Agrify Corp
is
$4​, above​ its last closing price of $1.42. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  -0.33       -0.33      -0.36     Missed  -9.9
 Dec. 31 2022  -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.        -0.32       -0.31      -0.56     Missed  -77.8
 31 2021                                                
 Dec. 31 2020  -0.73       -0.73      -1.08     Missed  -47.9​
 This summary was machine generated August 12 at 14:47 GMT.  All
figures in US dollars  unless otherwise stated