Tigo Energy Inc expected to post a loss of 22 cents a share - Earnings Preview

Tigo Energy

10/05/2024 22:26

* Tigo Energy Inc  TYGO.OQ   TYGO.O  is expected to report
resultson May 14 for the period ending March 31 2024
    * The Campbell California-based  company is expected to
report
revenue of $11.222 million, according to the mean estimate from
3 analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Tigo Energy Inc is for a
loss
of 22 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 $1.10. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   -0.21       -0.21      -0.25     Missed  -21
 Sep. 30 0001  -0.13       -0.13      -0.27     Missed  -107.7
 Jun. 30 2023  0.20        0.24       0.14      Missed  -40.8​
 ​​                                                     
                                                        ​
 This summary was machine generated May 10 at 21:26 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)