Spar Group Inc Expected To Post A Loss Of 2 Cents A Share: Earnings Preview

Spar

13/05/2024 14:50

* SPAR Group Inc  SGRP.OQ   SGRP.O  is expected to show a
fall in
quarterly revenue when it reports  results on May 15 for the
period ending March 31 2024
    * The Auburn Hills Michigan-based  company is expected to
report a
25.4% decrease in revenue to $48 million from $64.38 million a
year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for SPAR Group Inc is for a
loss
of 2 cents per share. 
    * The one available analyst rating on the shares is "buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for SPAR Group
Inc is
$7.00​, above​ its last closing price of $1.74. ​​​

This summary was machine generated May 13 at 13:50 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)