Weave Communications Inc expected to post earnings of 2 cents a share - Earnings Preview

Reuters
02-19
Weave Communications Inc <weav.n> expected to post earnings of 2 cents a share - Earnings Preview </weav.n>
  • Weave Communications Inc WEAV.N, WEAV.K is expected to show a rise in quarterly revenue when it reports results on February 20 for the period ending December 31 2024

  • The Lehi Utah-based company is expected to report a 16.5% increase in revenue to $53.229 million from $45.69 million a year ago, according to the mean estimate from 7 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Weave Communications Inc is for earnings of 2 cents per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "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 Weave Communications Inc is $17.00​, below​ its last closing price of $17.38. ​​​

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

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

0.00

-0.01

0.03

Beat

667.1

Jun. 30 2024

-0.02

-0.02

0.00

Beat

100

Mar. 31 2024

-0.02

-0.02

-0.01

Beat

56.3​

Dec. 31 2023

-0.03

-0.03

-0.01

Beat

67

​​Sep. 30 2023

-0.06

-0.06

-0.01

Beat

83.2

Jun. 30 2023

-0.07

-0.07

-0.05

Beat

27.8​

Mar. 31 2023

-0.08

-0.08

-0.05

Beat

36.4

Dec. 31 2022

-0.11

-0.11

-0.06

Beat

44.2

This summary was machine generated February 18 at 21:21 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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