Vuzix Corp expected to post a loss of 10 cents a share - Earnings Preview

Vuzix

12/08/2024 22:59

* Vuzix Corp  VUZI.OQ   VUZI.O  is expected to show a fall
in
quarterly revenue when it reports  results on August 14 for the
period ending June 30 2024
    * The West Henrietta New York-based  company is expected to
report
a 45.6% decrease in revenue to $2.553 million from $4.69 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Vuzix Corp is for a loss
of 10
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"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 Vuzix Corp
is
$3.00​, above​ its last closing price of $1.04. ​​​

This summary was machine generated August 12 at 21:59 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)