Aterian Inc reports results for the quarter ended December 31 - Earnings Summary

Reuters
03-19
Aterian Inc reports results for the quarter ended December 31 - Earnings Summary
  • Aterian Inc ATER.OQ reported a quarterly adjusted loss of 18 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $-1.20. The mean expectation of two analysts for the quarter was for a loss of 51 cents per share. Wall Street expected results to range from -63 cents to -40 cents per share.

  • Revenue fell 24.9% to $24.61 million from a year ago; analysts expected $23.48 million.

  • Aterian Inc's reported EPS for the quarter was a loss of 18 cents​.

  • The company reported a quarterly loss of $1.3 million.

  • Aterian Inc shares had fallen by 8.9% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts was unchanged in the last three months.​

  • In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

  • 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 average consensus recommendation for the appliances, tools & housewares peer group is also "buy"

Wall Street's median 12-month price target for Aterian Inc is $8.50

This summary was machine generated from LSEG data March 18 at 09:00 p.m. UTC. ​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)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Dec. 31 2024

-0.51

-0.18

Beat

Sep. 30 2024

-0.55

-0.25

Beat

Jun. 30 2024

-0.64

-0.52

Beat

Mar. 31 2024

-1.12

-0.76

Beat

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