SoundThinking Inc expected to post a loss of 8 cents a share - Earnings Preview

Soundthinking

10/05/2024 21:04

* SoundThinking Inc  SSTI.OQ   SSTI.O  is expected to show a
rise
in quarterly revenue when it reports  results on May 14 for the
period ending March 31 2024
    * The Fremont California-based  company is expected to
report a
21.8% increase in revenue to $25.116 million from $20.62 million
a year ago, according to the mean estimate from 7 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for SoundThinking Inc is for
a
loss of 2 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"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
SoundThinking Inc
is $25.00​, above​ its last closing price of $14.33. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.06        0.05       0.28      Beat    460
 Sep. 30 2023  -0.06       -0.05      -0.15     Missed  -188.5
 Jun. 30 2023  -0.01       -0.02      -0.22     Missed  -1,157
                                                        .1​
 Mar. 31 2023  0.01        0.02       -0.15     Missed  -1,037
                                                        .5
 ​​Dec.        0.00        -0.01      -0.09     Missed  -1,400
 31 2022                                                
 Sep. 30 2022  -0.05       -0.05      0.33      Beat    724.3​
 Jun. 30 2022  -0.04       -0.03      -0.04     Missed  -33.3
 Mar. 31 2022  0.09        0.09       0.04      Missed  -54.5
 This summary was machine generated May 10 at 20:04 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)