Sight Sciences Inc reports results for the quarter ended in December - Earnings Summary

Sight Sciences

08/03/2024 24:25

* Sight Sciences Inc  SGHT.OQ  reported a quarterly adjusted
loss
of 22 cents​​ per share for the quarter ended in December,
higher than the same quarter last year, when the company
reported EPS of -35 cents.  The mean expectation of six analysts
for the quarter was for a loss of 32 cents per share. Wall
Street expected results to range from -44 cents to -20 cents per
share.
    * Revenue fell 8.7% to $18.75 million from a year ago;
analysts
expected $18.95 million. 
    * Sight Sciences Inc's reported EPS for the quarter was a
loss
of 22 cents​.
    * The company reported a quarterly loss of $10.69 million.
    * Sight Sciences Inc shares had fallen by 11.4% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 2.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the medical
equipment,
supplies & distribution peer group is also "hold"

Wall Street's median 12-month price target for Sight Sciences
Inc is $5.25 
This summary was machine generated from LSEG data March 8 at
12:25 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.32          -0.22          Beat
 Sep. 30 2023      -0.32          -0.27          Beat
 Jun. 30 2023      -0.34          -0.30          Beat
 Mar. 31 2023      -0.39          -0.35          Beat