Tattooed Chef Inc expected to post a loss of 13  cents a share - Earnings Preview

Tattooed Chef

07/05/2022 03:09

* Tattooed Chef Inc  TTCF.OQ   TTCF.O  is expected to show a
rise
in quarterly revenue when it reports  results on May 9. 
    * The Paramount California-based  company is expected to
report  a
22.3% increase in revenue to $64.412 million from $52.68 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Tattooed Chef Inc
is for
a loss of 13 cents per share. For the same quarter last year,
the company reported a loss of 2 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 18.0%
in the last three months. ​
    * Wall Street's median 12-month price target for Tattooed
Chef Inc
is $16​, above​ its last closing price of $7.90. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  -0.08       -0.08      -0.15     Missed  -95.6
 Sep. 30 2021  -0.05       -0.05      -0.09     Missed  -63.6
 Jun. 30 2021  -0.01       -0.01      -0.64     Missed  -6,300
                                                        ​
 Mar. 31 2021              0.02       -0.02     Missed  -233.3
 ​​Dec.        0.03        0.03       0.03      Met     0
 31 2020                                                
                                                        ​
 This summary was machine generated May 7 at 02:09 GMT.  All
figures in US dollars  unless otherwise stated