Vintage Wine Estates Inc expected to post a loss of 3 cents a share - Earnings Preview

Vintage Wine Estates

18/07/2023 21:43

* Vintage Wine Estates Inc  VWE.OQ   VWE.O  is expected
to show a
fall in quarterly revenue when it reports  results on July 20
(estimated). 
    * The Incline Village Nevada-based  company is expected to
report 
a 9.3% decrease in revenue to $71.627 million from $78.93
million a year ago, according to the estimate from one analyst,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Vintage Wine
Estates Inc
is for a loss of 3 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 56.5%
in the last three months. ​
    * Wall Street's median 12-month price target for Vintage
Wine
Estates Inc is $2​, above​ its last closing price of $0.94. ​​​

This summary was machine generated July 18 at 20:43 GMT.  All
figures in US dollars  unless otherwise stated