Weave Communications Inc expected to post a loss of 3 cents a share - Earnings Preview

Weave Communications

19/02/2024 21:03

* Weave Communications Inc  WEAV.N   WEAV.K  is expected
to show a
rise in quarterly revenue when it reports  results on February
21 for the period ending December 31 2023
    * The Lehi Utah-based  company is expected to report a
17.3% increase in revenue to $44.195 million from $37.69 million
a year ago, according to the mean estimate from 7 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Weave Communications Inc
is
for a loss of 3 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "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 Weave
Communications Inc is $13.00​, above​ its last closing price
of $12.47. ​​​

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  -0.06       -0.06      -0.01     Beat    83.2
 Jun. 30 2023  -0.07       -0.07      -0.05     Beat    27.8
 Mar. 31 2023  -0.08       -0.08      -0.05     Beat    36.4​
 Dec. 31 2022  -0.11       -0.11      -0.06     Beat    44.2
 ​​Sep.        -0.14       -0.14      -0.10     Beat    30.1
 30 2022                                                
 Jun. 30 2022  -0.17       -0.16      -0.16     Met     2.2​
 Mar. 31 2022  -0.18       -0.18      -0.16     Beat    12.6
 Dec. 31 2021  -0.26       -0.26      -0.26     Met     -1.9
 This summary was machine generated February 19 at 21:03 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)