Momentus Inc expected to post a loss of $2.21 a share - Earnings Preview

Reuters03-01

* Momentus Inc is expected to show a rise in quarterly revenue when it reports results on March 5 (estimated) for the period ending December 31 2023

* The Venice California California-based company is expected to report a 733.3% increase in revenue to $1 million from $120 thousand a year ago, according to the estimate from one analyst, based on LSEG data.

* ​LSEG's mean analyst estimate for Momentus Inc is for a loss of $2.21 per share.

* The one available analyst rating on the shares is "buy".

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

* Wall Street's median 12-month price target for Momentus Inc is $4.10​, above​ its last closing price of $0.76. ​​​

This summary was machine generated March 1 at 11:23 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)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment