Socket Mobile Inc expected to post earnings of 8  cents a share - Earnings Preview

Socket Mobile

27/07/2022 03:03

* Socket Mobile Inc  SCKT.OQ   SCKT.O  is expected to show a
rise
in quarterly revenue when it reports  results on July 28. 
    * The Newark California California-based  company is
expected to
report  a 25.0% increase in revenue to $7.44 million from $5.95
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 8 cents per share. For the same quarter last year,
the company reported earnings of 6 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 $6​, above​ its last closing price of $2.88. ​​​

This summary was machine generated July 27 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated