Vuzix Corp expected to post a loss of 17 cents a share - Earnings Preview

Vuzix

05/08/2023 03:16

* Vuzix Corp  VUZI.OQ   VUZI.O  is expected to show a rise
in
quarterly revenue when it reports  results on August 8. 
    * The West Henrietta New York-based  company is expected to
report
 a 44.8% increase in revenue to $4.354 million from $3.01
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Vuzix Corp is for a
loss
of 17 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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
$8​, above​ its last closing price of $4.80. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.12       -0.15      -0.16     Missed  -6.7
 Dec. 31 2023  -0.16       -0.15      -0.17     Missed  -13.3
 Sep. 30 2022  -0.15       -0.15      -0.15     Met     0​
 Jun. 30 2022  -0.16       -0.15      -0.16     Missed  -6.7
 ​​Mar.        -0.15       -0.15      -0.16     Missed  -6.7
 31 2022                                                
 Dec. 31 2021  -0.13       -0.12      -0.27     Missed  -116​
 Sep. 30 2021  -0.13       -0.13      -0.13     Met     -2.6
 Jun. 30 2021  -0.10       -0.10      -0.14     Missed  -44.8
 This summary was machine generated August 5 at 02:16 GMT.  All
figures in US dollars  unless otherwise stated