Weave Communications Inc expected to post a loss of 6 cents a share - Earnings Preview

Weave Communications

30/10/2023 20:10

* Weave Communications Inc  WEAV.N   WEAV.K  is expected
to show a
rise in quarterly revenue when it reports  results on November
1. 
    * The Lehi Utah-based  company is expected to report  a
16.8% increase in revenue to $42.324 million from $36.23 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Weave
Communications Inc
is for a loss of 6 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"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​, above​ its last closing price
of $6.69. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  -0.14       -0.14      -0.10     Beat    30.1
 ​​Jun.        -0.17       -0.16      -0.16     Met     2.2
 30 2022                                                
 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 October 30 at 20:10 GMT.  All
figures in US dollars  unless otherwise stated