Valens Semiconductor Ltd expected to post a loss of 7 cents a share - Earnings Preview

Valens Semiconductor

08/05/2023 19:32

* Valens Semiconductor Ltd  VLN.N   VLN  is expected to show
a
rise in quarterly revenue when it reports  results on May 10. 
    * The Hod Hasharon Israel-based   company is expected to
report  a
9.7% increase in revenue to $23.715 million from $21.62 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Valens
Semiconductor Ltd
is for a loss of 7 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 5 "strong buy" or
"buy," no "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 Valens
Semiconductor Ltd is $8​, above​ its last closing price
of $2.38. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  -0.09       -0.11      -0.03     Beat    71.9
 Sep. 30 2022  -0.08       -0.08      -0.02     Beat    74.9
 Jun. 30 2022  -0.09       -0.09      -0.04     Beat    56.4​
 Mar. 31 2022  -0.10       -0.10      -0.02     Beat    80.6
 ​​Dec.        -0.08       -0.07      -0.08     Missed  -22.5
 31 2021                                                
 Sep. 30 2021  -0.05       -0.05      -0.19     Missed  -251.9
                                                        ​
 This summary was machine generated May 8 at 18:32 GMT.  All
figures in US dollars  unless otherwise stated