Tattooed Chef Inc reports results for the quarter ended in March - Earnings Summary

Tattooed Chef

16/05/2023 20:25

* Tattooed Chef Inc  TTCF.OQ  reported a quarterly adjusted
loss
of 21 cents​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for a loss
of 25 cents per share.
    * Revenue fell 18% to $59.09 million from a year ago;
analysts
expected $67.14 million. 
    * Tattooed Chef Inc's reported EPS for the quarter was a
loss
of 23 cents​.
    * The mean earnings estimate of analysts had fallen by
about 9.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Tattooed Chef Inc shares had fallen by 42.6% this
quarter and
lost 33.7% so far this year.
    * The company reported a quarterly loss of $19.09 million.
    * Wall Street's median 12-month price target for Tattooed
Chef Inc
is $1.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
16 at 07:25 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.25          -0.21          Beat
 Dec. 31 2022      -0.35                         
 Sep. 30 2022      -0.19          -0.36          Missed
 Jun. 30 2022      -0.14          -0.30          Missed