Tigo Energy Inc expected to post a loss of 17 cents a share - Earnings Preview

Tigo Energy

04/11/2024 21:16

* Tigo Energy Inc  TYGO.OQ   TYGO.O  is expected to show a
fall in
quarterly revenue when it reports  results on November 6 for the
period ending September 30 2024
    * The Campbell California-based  company is expected to
report a
18.8% decrease in revenue to $13.889 million from $17.1 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 17 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 3.25​, above​ its last closing price of $1.17. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  -0.16       -0.16      -0.19     Missed  -15.2
 Jan. 1 2024   -0.23       -0.22      -0.19     Beat    12.3
 Dec. 31 2023  -0.21       -0.21      -0.25     Missed  -21​
 Sep. 30 2023  -0.13       -0.13      -0.27     Missed  -107.7
 ​​Jan.                    0.24       0.14      Missed  -40.8
 1 0001                                                 
                                                        ​
 This summary was machine generated November 4 at 21:15 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)