Wrap Technologies Inc expected to post a loss of 13 cents a share - Earnings Preview

Wrap Technologies

27/07/2021 23:23

* Wrap Technologies Inc  WRAP.OQ   WRAP.O  is expected to show a
rise in quarterly revenue when it reports results on July 29. 
* The Tempe, Arizona-based company is expected to report   a
115.7% increase in revenue to $1.797 million from $833 thousand
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Wrap Technologies Inc
is for a loss of 13 cents per share. For the same quarter last
year, the company reported a loss of 9 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 2 "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 Wrap
Technologies Inc is $10​, about 35% above​ its last closing
price of $6.50. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  -0.11       -0.10      -0.14     Missed  -35.5
 Dec. 31 2020              -0.10      -0.10     Met     4.8
 Sep. 30 2020  -0.09       -0.08      -0.11     Missed  -29.4​
 Jun. 30 2020  -0.07       -0.07      -0.09     Missed  -28.6
 Mar.          -0.07​      -0.08      -0.08     Met     5.9​
 31​ 2020​                                              
 Dec. 31 2019  -0.07       -0.07      -0.09     Missed  -20​
 This summary was machine generated July 27 at 22:23 GMT.  All
figures in US dollars unless otherwise stated