Weave Communications Inc expected to post a loss of 1 cent a share - Earnings Preview

Reuters
2024-10-29

* Weave Communications Inc is expected to show a rise in quarterly revenue when it reports results on October 30 for the period ending September 30 2024

* The Lehi Utah-based company is expected to report a 18.0% increase in revenue to $51.378 million from $43.54 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 a loss of 1 cent 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 $15.00​, above​ its last closing price of $13.48. ​​​

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 -0.02 -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

​​Jan. -0.07 -0.07 -0.05 Beat 27.8

1 0001

Mar. 31 2023 -0.08 -0.08 -0.05 Beat 36.4​

Dec. 31 2022 -0.11 -0.11 -0.06 Beat 44.2

Sep. 30 2022 -0.14 -0.14 -0.10 Beat 30.1

This summary was machine generated October 29 at 03:08 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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