VerifyMe Inc expected to post a loss of 10 cents a share - Earnings Preview

VerifyMe

04/11/2024 15:40

* VerifyMe Inc  VRME.OQ   VRME.O  is expected to show a fall
in
quarterly revenue when it reports  results on November 6
(estimated) for the period ending September 30 2024
    * The Lake Mary Florida-based  company is expected to report
a
6.6% decrease in revenue to $5.232 million from $5.6 million a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for VerifyMe Inc is for a
loss
of 10 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "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 VerifyMe
Inc is
$1.50​, above​ its last closing price of $1.31. ​​​

This summary was machine generated November 4 at 15:40 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)