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Seer Inc reports results for the quarter ended in March - Earnings Summary
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Seer Inc reports results for the quarter ended in March - Earnings Summary
  • 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

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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