Rigetti Computing Inc RGTI.OQ RGTI.O is expected to show a fall in quarterly revenue when it reports results on March 5 for the period ending December 31 2024
The Berkeley California-based company is expected to report a 25.9% decrease in revenue to $2.5 million from $3.38 million a year ago, according to the mean estimate from 6 analysts, based on LSEG data.
LSEG's mean analyst estimate for Rigetti Computing Inc is for a loss of 8 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "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 Rigetti Computing Inc is $15.00, above its last closing price of $8.46.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | -0.09 | -0.09 | -0.08 | Beat | 14.3 |
Jun. 30 2024 | -0.10 | -0.10 | -0.07 | Beat | 27.6 |
Mar. 31 2024 | -0.11 | -0.11 | -0.14 | Missed | -27.3 |
Dec. 31 2023 | -0.13 | -0.13 | -0.09 | Beat | 30.8 |
Sep. 30 2023 | -0.13 | -0.12 | -0.17 | Missed | -41.7 |
Jun. 30 2023 | -0.19 | -0.17 | -0.13 | Beat | 23.5 |
Mar. 31 2023 | -0.16 | -0.15 | -0.19 | Missed | -22.8 |
Dec. 31 2022 | -0.12 | -0.12 | -0.14 | Missed | -16.7 |
This summary was machine generated March 3 at 21:34 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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