Aterian Inc ATER.OQ ATER.O is expected to show a fall in quarterly revenue when it reports results on August 8 for the period ending June 30 2024
The Summit New Jersey-based company is expected to report a 32.1% decrease in revenue to $23.945 million from $35.26 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.
LSEG's mean analyst estimate for Aterian Inc is for a loss of 64 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 "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 Aterian Inc is $8.50, above its last closing price of $2.75.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING |
STARMINESMARTESTIMATE® |
LSEG IBES ESTIMATE |
ACTUAL |
BEAT, MET, MISSED |
SURPRISE % |
Mar. 31 2024 |
-1.08 |
-1.12 |
-0.76 |
Beat |
32.1 |
Dec. 31 2024 |
-1.52 |
-1.59 |
-1.20 |
Beat |
24.5 |
Sep. 30 2023 |
-1.57 |
-1.56 |
-0.96 |
Beat |
38.5 |
Jan. 1 0001 |
-1.56 |
-1.56 |
-5.40 |
Missed |
-246.2 |
Mar. 31 2023 |
-1.95 |
-1.96 |
-1.44 |
Beat |
26.5 |
Jan. 1 0001 |
-3.06 |
-2.97 |
-3.24 |
Missed |
-9.1 |
Sep. 30 2022 |
-2.96 |
-2.68 |
-21.72 |
Missed |
-710.5 |
Jun. 30 2022 |
-1.43 |
-1.40 |
-3.12 |
Missed |
-122.9 |
This summary was machine generated August 7 at 02:22 GMT. 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)