Phunware Inc expected to post a loss of 6 cents a share - Earnings Preview

Reuters2023-08-09

* Phunware Inc is expected to show a fall in quarterly revenue when it reports results on August 10.

* The Austin Texas-based company is expected to report a 11.2% decrease in revenue to $4.869 million from $5.49 million a year ago, according to the mean estimate from 3 analysts, based on Refinitiv data.

* ​Refinitiv's mean analyst estimate for Phunware Inc is for a loss of 6 cents per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "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 Phunware Inc is $1.85​, above​ its last closing price of $0.38. ​​​

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

QUARTER STARMINESM REFINITIV ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT IBES MET, SE %

E® ESTIMATE MISSED

Mar. 31 2023 -0.07 -0.07 -0.04 Beat 42.9

Dec. 31 2023 -0.08 -0.08 -0.09 Missed -12.5

Sep. 30 2022 -0.07 -0.07 -0.08 Missed -6.7​

Jun. 30 2022 -0.05 -0.05 -0.17 Missed -240

​​Mar. -0.04 -0.04 -0.15 Missed -233.3

31 2022

Dec. 31 2021 -0.04 -0.42 Missed -950​

Sep. 30 2021 -0.04 -0.04 -0.03 Beat 29.4

Jun. 30 2021 -0.07 -0.07 -0.08 Missed -20

This summary was machine generated August 9 at 02:03 GMT. All figures in US dollars unless otherwise stated.

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