Ouster Inc expected to post a loss of 57 cents a share - Earnings Preview

Reuters
2024-11-06

* Ouster Inc is expected to show a rise in quarterly revenue when it reports results on November 7 for the period ending September 30 2024

* The San Francisco California-based company is expected to report a 26.2% increase in revenue to $28.025 million from $22.21 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.The company's guidance on August 13 2024, for the period ended September 30, was for revenue between $27.00 million and $29.00 million.

* ​LSEG's mean analyst estimate for Ouster Inc is for a loss of 57 cents per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "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 Ouster Inc is 12.00​, above​ its last closing price of $7.46. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jun. 30 2024 -0.63 -0.62 -0.53 Beat 15.2

Mar. 31 2024 -0.74 -0.72 -0.55 Beat 23.7

Dec. 31 2023 -0.70 -0.83 -0.95 Missed -14.5​

Sep. 30 2023 -1.15 -1.16 -0.89 Beat 23.3

​​Jun. -1.45 -1.48 -3.19 Missed -115.5

30 2023

Jan. 1 0001 -2.21 -2.20 -2.65 Missed -20.5​

Jan. 1 0001 -1.87 -1.83 -1.90 Missed -4.1

Sep. 30 2022 -1.74 -1.68 -2.00 Missed -19.2

This summary was machine generated November 6 at 05:01 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)

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