Weave Communications Inc expected to post a loss of 8 cents a share - Earnings Preview

Weave Communications

02/05/2023 03:05

* Weave Communications Inc  WEAV.N   WEAV.K  is expected
to show a
rise in quarterly revenue when it reports  results on May 3. 
    * The Lehi Utah-based  company is expected to report  a
13.5% increase in revenue to $37.779 million from $33.27 million
a year ago, according to the mean estimate from 7 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Weave
Communications Inc
is for a loss of 8 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 5
"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 $6​, above​ its last closing price
of $4.40. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  -0.17       -0.16      -0.16     Met     2.2​
 Mar. 31 2022  -0.18       -0.18      -0.16     Beat    12.6
 ​​Dec.        -0.26       -0.26      -0.26     Met     -1.9
 31 2021                                                
                                                        ​
 This summary was machine generated May 2 at 02:05 GMT.  All
figures in US dollars  unless otherwise stated