Tigo Energy Inc expected to post a loss of 16 cents a share - Earnings Preview

Reuters
02-08
Tigo Energy Inc <tygo.oq> expected to post a loss of 16 cents a share - Earnings Preview </tygo.oq>
  • Tigo Energy Inc TYGO.OQ TYGO.O is expected to show a rise in quarterly revenue when it reports results on February 11 for the period ending December 31 2024

  • The Campbell California-based company is expected to report a 64.3% increase in revenue to $15.191 million from $9.25 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Tigo Energy Inc is for a loss of 16 cents per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "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 Tigo Energy Inc is $3.25​, above​ its last closing price of $1.00. ​​​

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

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

-0.18

-0.17

-0.22

Missed

-25.7

Jun. 30 2024

-0.16

-0.16

-0.19

Missed

-15.2

Mar. 31 2024

-0.23

-0.22

-0.19

Beat

12.3​

Dec. 31 2023

-0.21

-0.21

-0.25

Missed

-21

​​Sep. 30 2023

-0.13

-0.13

-0.27

Missed

-107.7

Jun. 30 2023

0.20

0.24

0.14

Missed

-40.8​

This summary was machine generated February 7 at 21:58 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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