Vuzix Corp expected to post a loss of 15 cents a share - Earnings Preview
26/02/2024 11:11
* Vuzix Corp VUZI.OQ VUZI.O is expected to show a fall
in
quarterly revenue when it reports results on February 28
(estimated) for the period ending December 31 2023
* The West Henrietta New York-based company is expected to
report
a 26.1% decrease in revenue to $2.141 million from $2.9 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.The company's guidance on January 17 2024,
for the period ended December 31, was for revenue of $2.100
million.
* LSEG's mean analyst estimate for Vuzix Corp is for a loss
of 15
cents per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"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
$3.50, above its last closing price of $1.53.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Sep. 30 2023 -0.14 -0.15 -0.17 Missed -13.3
Jun. 30 2023 -0.16 -0.17 -0.14 Beat 16.4
Mar. 31 2023 -0.12 -0.15 -0.16 Missed -6.7
Dec. 31 2022 -0.16 -0.15 -0.17 Missed -13.3
Sep. -0.15 -0.15 -0.15 Met 0
30 2022
Jun. 30 2022 -0.16 -0.15 -0.16 Missed -6.7
Mar. 31 2022 -0.15 -0.15 -0.16 Missed -6.7
Dec. 31 2021 -0.13 -0.12 -0.27 Missed -116
This summary was machine generated February 26 at 11:11 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)