urban-gro Inc expected to post a loss of 12 cents a share - Earnings Preview

Reuters
02-20
urban-gro Inc <ugro.oq> expected to post a loss of 12 cents a share - Earnings Preview </ugro.oq>
  • urban-gro Inc UGRO.OQ UGRO.O is expected to show a fall in quarterly revenue when it reports results on February 21 (estimated) for the period ending June 30 2024

  • The Lafayette Colorado-based company is expected to report a 5.0% decrease in revenue to $17.895 million from $18.84 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for urban-gro Inc is for a loss of 12 cents per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "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 urban-gro Inc is $3.25​, above​ its last closing price of $0.76. ​​​

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

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Mar. 31 2024

-0.18

-0.17

-0.18

Missed

-5.9

Dec. 31 2024

-0.13

-0.40

Missed

-200

Sep. 30 2023

-0.27

-0.26

-0.29

Missed

-11.5​

Jun. 30 2023

-0.28

-0.28

-0.32

Missed

-15.3

​​Mar. 31 2023

-0.34

-0.33

-0.44

Missed

-32.3

Dec. 31 2022

-0.22

-0.39

Missed

-74.6​

Sep. 30 2022

-0.38

-0.38

-0.81

Missed

-114.6

Jun. 30 2022

-0.10

-0.10

-0.17

Missed

-64.5

This summary was machine generated February 19 at 21:02 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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