Smith Micro Software Inc expected to post a loss of 35 cents a share - Earnings Preview

Smith Micro Software

31/07/2024 02:19

* Smith Micro Software Inc  SMSI.OQ   SMSI.O  is expected
to show
a fall in quarterly revenue when it reports  results on August 1
for the period ending January 1 0001
    * The Pittsburgh Pennsylvania-based  company is expected to
report
a 48.7% decrease in revenue to $5.301 million from $10.34
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Smith Micro Software Inc
is
for a loss of 35 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 38.1%
in the last three months. ​
    * Wall Street's median 12-month price target for Smith Micro
Software Inc is $12.00​, above​ its last closing price of $2.44.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001               -0.24      -0.45     Missed  -87.5
 Dec. 31 0001  -0.20       -0.15      -0.16     Missed  200.3
 Sep. 30 2023  -0.02       0.03       0.08      Beat    200.3​
 Jun. 30 2023  -0.08       -0.12      -0.08     Beat    31
 ​​Jan.        -0.59       -0.62      -0.48     Beat    22.1
 1 0001                                                 
 Jan. 1 0001   -0.66       -0.68                        ​
 Sep. 30 2022  -0.74       -0.73                        
 Jan. 1 0001   -0.69       -0.68                        -5.5
 This summary was machine generated July 31 at 01:19 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)