Spire Global Inc expected to post a loss of 25 cents a share - Earnings Preview

Spire Global

13/08/2024 01:06

* Spire Global Inc  SPIR.N   SPIR.K  is expected to show a
rise in
quarterly revenue when it reports  results on August 14 for the
period ending June 30 2024
    * The Vienna Virginia-based  company is expected to report a
14.7% increase in revenue to $30.401 million from $26.49 million
a year ago, according to the mean estimate from 7 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Spire Global Inc is for
a loss
of 25 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "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 Spire
Global Inc
is $16.00​, above​ its last closing price of $10.24. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -0.68       -0.68      -0.53     Beat    21.6
 Dec. 31 2024  -0.71       -0.72      -0.58     Beat    19.7
 Sep. 30 2023  -0.56       -0.62      -0.51     Beat    18.2​
 Jun. 30 2023  -0.75       -0.80      -0.56     Beat    30
 ​​Mar.        -0.90       -0.93      -0.80     Beat    14.2
 31 2023                                                
 Dec. 31 2022  -0.83       -0.75      -0.80     Missed  -6.4​
 Sep. 30 2022  -0.81       -0.80      -0.96     Missed  -19.5
 Jun. 30 2022  -0.94       -0.94      -0.72     Beat    23.3
 This summary was machine generated August 13 at 00:06 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)