Seer Inc SEER.OQ reported a quarterly adjusted loss of 32 cents per share for the quarter ended in March, higher than the same quarter last year, when the company reported EPS of -38 cents. The mean expectation of three analysts for the quarter was for a loss of 30 cents per share. Wall Street expected results to range from -34 cents to -27 cents per share.
Revenue fell 24.4% to $3.07 million from a year ago; analysts expected $3.80 million.
Seer Inc's reported EPS for the quarter was a loss of 32 cents.
The company reported a quarterly loss of $20.68 million.
Seer Inc shares had risen by 17.4% this quarter and gained 14.9% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 17.8% in the last three months.
In the last 30 days, there have been revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 2 "hold" and "sell" or "strong sell."
The average consensus recommendation for the office equipment peer group is also "hold"
Wall Street's median 12-month price target for Seer Inc is $7.00
This summary was machine generated from LSEG data May 9 at 11:21 a.m. UTC. 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)
QUARTER ENDING |
ESTIMATE |
ACTUAL |
BEAT, MET, MISSED |
Mar. 31 2024 |
-0.30 |
-0.32 |
Missed |
Dec. 31 2023 |
-0.37 |
-0.28 |
Beat |
Sep. 30 2023 |
-0.40 |
-0.33 |
Beat |
Jun. 30 2023 |
-0.39 |
-0.37 |
Beat |