ReShape Lifesciences Inc expected to post a loss of 36  cents a share - Earnings Preview

Vyome Holdings

12/08/2022 23:07

* ReShape Lifesciences Inc  RSLS.OQ   RSLS.O  is expected
to show
a fall in quarterly revenue when it reports  results on August
15. 
    * The San Clemente California-based  company is expected to
report
 a 3.4% decrease in revenue to $3.409 million from $3.53 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for ReShape
Lifesciences Inc
is for a loss of 36 cents per share. For the same quarter last
year, the company reported a loss of 47 cents per share.
    * The current average analyst rating on the shares is "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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for ReShape
Lifesciences Inc is $3.08​, above​ its last closing price
of $0.47. ​​​

This summary was machine generated August 12 at 22:07 GMT.  All
figures in US dollars  unless otherwise stated