VerifyMe Inc expected to post a loss of 14 cents a share - Earnings Preview

VerifyMe

10/05/2024 16:17

* VerifyMe Inc  VRME.OQ   VRME.O  is expected to show a fall
in
quarterly revenue when it reports  results on May 14 for the
period ending March 31 2024
    * The Lake Mary Florida-based  company is expected to report
a
2.8% decrease in revenue to $5.5 million from $5.66 million a
year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for VerifyMe Inc is for a
loss
of 14 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 had fallen by
about 50.0%
in the last three months. ​
    * Wall Street's median 12-month price target for VerifyMe
Inc is
$2.85​, above​ its last closing price of $1.71. ​​​

This summary was machine generated May 10 at 15:17 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)