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

Wrap Technologies

09/08/2022 03:03

* Wrap Technologies Inc  WRAP.OQ   WRAP.O  is expected
to show a
fall in quarterly revenue when it reports  results on August
10. 
    * The Tempe Arizona-based  company is expected to report  a
2.8% decrease in revenue to $1.881 million from $1.93 million 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 18 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "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 Wrap
Technologies
Inc is $3.63​, above​ its last closing price of $1.92. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  -0.12       -0.12      -0.13     Missed  -5.4
 Dec. 31 2022  -0.14       -0.14      -0.13     Beat    7.1
 Sep. 30 2021  -0.16       -0.16      -0.15     Beat    8.2​
 Jun. 30 2021  -0.13       -0.13      -0.18     Missed  -42.1
 ​​Mar.        -0.11       -0.10      -0.14     Missed  -35.5
 31 2021                                                
 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
 This summary was machine generated August 9 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated