Tomi Environmental Solutions Inc Reports Results For The Quarter Ended In March: Earnings Summary

TOMI Environmental Solutions

16/05/2024 22:28

* TOMI Environmental Solutions Inc  TOMZ.OQ  reported a
quarterly
adjusted loss of 7 cents​​ per share for the quarter ended in
March, lower than the same quarter last year, when the company
reported EPS of -6 cents.  The lone analyst forecast for the
quarter was for a loss of 2 cents per share. 
    * Revenue fell 29.6% to $1.11 million from a year ago;
analysts
expected $2.58 million. 
    * TOMI Environmental Solutions Inc shares had risen by 10.3%
this
quarter and lost 25.7% so far this year.

FORECAST CHANGES
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the environmental
services & equipment peer group is also "buy"

Wall Street's median 12-month price target for TOMI
Environmental Solutions Inc is $3.50 
This summary was machine generated from LSEG data May 16 at
09:28 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2024      -0.02          -0.07          Missed
 Dec. 31 2023      -0.01          -0.06          Missed
 Sep. 30 2023      -0.02          -0.05          Missed
 Jun. 30 2023      0.01           0.00           Missed