Sight Sciences Inc expected to post a loss of 28 cents a share - Earnings Preview

Sight Sciences

01/05/2024 24:55

* Sight Sciences Inc  SGHT.OQ   SGHT.O  is expected to show
a fall
in quarterly revenue when it reports  results on May 2 for the
period ending March 31 2024
    * The Menlo Park California-based  company is expected to
report a
2.3% decrease in revenue to $18.382 million from $18.82 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Sight Sciences Inc is
for a
loss of 28 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 5
"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 Sight
Sciences
Inc is $5.25​, below​ its last closing price of $5.55. ​​​

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  -0.30       -0.32      -0.22     Beat    30.6
 Sep. 30 2023  -0.31       -0.32      -0.27     Beat    15
 Mar. 31 2023  -0.34       -0.34      -0.30     Beat    12.1​
 Mar. 31 2023  -0.40       -0.39      -0.35     Beat    10.7
 ​​Dec.        -0.43       -0.42      -0.35     Beat    16.1
 31 2022                                                
 Sep. 30 2022  -0.46       -0.46      -0.46     Met     -0.4​
 Jun. 30 2022  -0.44       -0.42      -0.50     Missed  -18.3
 Mar. 31 2022  -0.40       -0.40      -0.49     Missed  -22.3
 This summary was machine generated April 30 at 23:55 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)