Tigo Energy Inc expected to post a loss of 16 cents a share - Earnings Preview

Tigo Energy

03/08/2024 03:23

* Tigo Energy Inc  TYGO.OQ   TYGO.O  is expected to show a
fall in
quarterly revenue when it reports  results on August 6 for the
period ending January 1 0001
    * The Campbell California-based  company is expected to
report a
79.9% decrease in revenue to $13.858 million from $68.83 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Tigo Energy Inc is for a
loss
of 16 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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 Tigo Energy
Inc
is $4.65​, above​ its last closing price of $1.50. ​​​

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  -0.23       -0.22      -0.19     Beat    -21
 Dec. 31 2024  -0.21       -0.21      -0.25     Missed  -21
 Sep. 30 2023              -0.13                        -107.7
                                                        ​
 Jan. 1 0001               0.24                         -40.8
 ​​                                                     
                                                        ​
 This summary was machine generated August 3 at 02:23 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)