Verb Technology Company Inc reports results for the quarter ended in June - Earnings Summary

Ton Strategy

15/08/2024 14:44

* Verb Technology Company Inc  VERB.OQ  reported a quarterly
adjusted loss of 2 cents​​ per share for the quarter ended in
June, higher than the same quarter last year, when the company
reported EPS of $-2.45.  The lone analyst forecast for the
quarter was for a loss of 3 cents per share. 
    * Revenue rose 1,133.3% to $37.00 thousand from a year ago;
analysts expected zero. 
    * Verb Technology Company Inc's reported EPS for the quarter
was a
loss of 2 cents​.
    * The company reported a quarterly loss of $1.8 million.
    * Verb Technology Company Inc shares had fallen by 41.9%
this
quarter and lost 58.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * 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 it services &
consulting peer group is also "buy"

Wall Street's median 12-month price target for Verb Technology
Company Inc is $4.50 
This summary was machine generated from LSEG data August 15 at
01:43 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
 Jan. 1 0001       -0.03          -0.02          Beat
 Mar. 31 2024      -0.12          -0.11          Beat
 Dec. 31 2023      -0.16          -0.22          Missed
 Sep. 30 2023                     -0.68