* AEye Inc reported a quarterly adjusted loss of $1.13 per share for the quarter ended in March, higher than the same quarter last year, when the company reported EPS of $-3.30. The lone analyst forecast for the quarter was for a loss of $1.40 per share.
* Revenue fell 96.9% to $20.00 thousand from a year ago; analysts expected $100.00 thousand.
* AEye Inc shares had risen by 99.2% this quarter and gained 8.7% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 16.7% 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 "hold" and the breakdown of recommendations is no "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the electronic equipment & parts peer group is also "hold"
This summary was machine generated from LSEG data May 14 at 10:40 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
Mar. 31 2024 -1.40 -1.13 Beat
Dec. 31 2023 -1.20 -1.10 Beat
Sep. 30 2023 -1.80 -1.50 Beat
Jun. 30 2023 -2.70 -2.10 Beat
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