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Skyx Platforms Corp Expected To Post A Loss Of 7 Cents A Share: Earnings Preview

SKYX Platforms Corp SKYX.OQ SKYX.O is expected to show a rise in quarterly revenue when it reports  results on March 24 for the period ending December 31 2024

The Pompano Beach Florida-based  company is expected to report a 9.3% increase in revenue to $24.24 million from $22.17 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.

​LSEG's mean analyst estimate for SKYX Platforms Corp is for a loss of 7 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "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 SKYX Platforms Corp is $2.75​, above​ its last closing price of $1.32. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDINGSTARMINESMARTESTIMATE®LSEG IBES ESTIMATEACTUALBEAT, MET, MISSEDSURPRISE %
Sep. 30 2024-0.08-0.09-0.08Beat7
Jun. 30 2024-0.10-0.10-0.08Beat22
Mar. 31 2024-0.12-0.09-0.10Missed-8.1​
Dec. 31 2023-0.08-0.14Missed-75
​​Sep. 30 2023-0.03-0.03-0.08Missed-128.6
​
This summary was machine generated March 21 at 20:12 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)

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