Socket Mobile Inc expected to post earnings of 3cents a share - Earnings Preview

Socket Mobile

17/10/2022 12:14

* Socket Mobile Inc  SCKT.OQ   SCKT.O  is expected to show a
rise
in quarterly revenue when it reports  results on October 19
(estimated). 
    * The Fremont California-based  company is expected to
report  a
2.9% increase in revenue to $6.5 million from $6.32 million a
year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Socket Mobile Inc
is for
earnings of 3 cents per share. 
    * The one available analyst rating on the shares is "strong
buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Socket
Mobile Inc
is $4.5​, above​ its last closing price of $2.04. ​​​

This summary was machine generated October 17 at 11:14 GMT.  All
figures in US dollars  unless otherwise stated