Smith Micro Software Inc expected to post a loss of 3  cents a share - Earnings Preview

Smith Micro Software

04/03/2022 22:01

* Smith Micro Software Inc  SMSI.OQ   SMSI.O  is expected
to show
a rise in quarterly revenue when it reports  results on March
10. 
    * The Pittsburgh Pennsylvania-based  company is expected to
report
 a 22.7% increase in revenue to $15.233 million from $12.42
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Smith Micro
Software Inc
is for a loss of 3 cents per share. For the same quarter last
year, the company reported earnings of 3 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 average consensus recommendation for the software peer
group
is also "Buy".​
    * Wall Street's median 12-month price target for Smith Micro
Software Inc is $10​, about 60.7% above​ its last closing price
of $3.93. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2021  0.00        0.00       0.00      Met     
 Jun. 30 2021  0.00        -0.01      -0.01     Met     -33.3
 Mar. 31 2021  0.00        0.01       0.02      Beat    166.7​
 Dec. 31 2020              0.03       0.03      Met     -10
 ​​Sep.        0.04        0.04       0.04      Met     0
 30 2020                                                
 Jun. 30 2020  0.05        0.05       0.07      Beat    40​
 Mar. 31 2020  0.07        0.08       0.10      Beat    33.3
 Dec. 31 2019  0.07        0.07       0.08      Beat    14.3
 This summary was machine generated March 4 at 22:01 GMT.  All
figures in US dollars  unless otherwise stated