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

Sight Sciences

03/05/2024 20:36

* Sight Sciences Inc  SGHT.OQ  reported a quarterly adjusted
loss
of 33 cents​​ per share for the quarter ended in March, 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 28 cents per share. Wall Street
expected results to range from -35 cents to -21 cents per share.
    * Revenue rose 2.3% to $19.27 million from a year ago;
analysts
expected $18.38 million. 
    * Sight Sciences Inc's reported EPS for the quarter was a
loss
of 33 cents​.
    * The company reported a quarterly loss of $16.27 million.
    * Sight Sciences Inc shares had risen by 6.3% this
quarter and
gained 8.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 8.6%
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 $6.00 
This summary was machine generated from LSEG data May 3 at 07:36
p.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
 Mar. 31 2024      -0.28          -0.33          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