Somalogic Inc expected to post a loss of 16 cents a share - Earnings Preview

Somalogic

12/08/2023 03:06

* Somalogic Inc  SLGC.OQ   SLGC.O  is expected to show a
rise in
quarterly revenue when it reports  results on August 14. 
    * The Boulder Colorado-based  company is expected to report 
a
40.2% increase in revenue to $19.825 million from $14.14 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Somalogic Inc is
for a
loss of 16 cents per share. 
    * The current average analyst rating on the shares is
"strong 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 Somalogic
Inc is
$6​, above​ its last closing price of $2.07. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.22       -0.22      -0.18     Beat    16.9
 Dec. 31 2023              -0.21      -0.26     Missed  -23.8
 Sep. 30 2022  -0.20       -0.20      -0.18     Beat    8.5​
 Jun. 30 2022  -0.20       -0.18      -0.13     Beat    26.4
 ​​Mar.        -0.16       -0.16      -0.02     Beat    87.3
 31 2022                                                
 Dec. 31 2021  -0.11       -0.13      -0.13     Met     -2​
 This summary was machine generated August 12 at 02:06 GMT.  All
figures in US dollars  unless otherwise stated