Seer Inc reports results for the quarter ended in September 30 - Earnings Summary

• Seer Inc SEER.OQ reported a quarterly adjusted loss of 35 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of -33 cents. The mean expectation of three analysts for the quarter was for a loss of 31 cents per share. Wall Street expected results to range from -35 cents to -24 cents per share.

• Revenue fell 3.1% to $4.03 million from a year ago; analysts expected $3.15 million.

• Seer Inc's reported EPS for the quarter was a loss of 35 cents​.

• The company reported a quarterly loss of $21.33 million.

• Seer Inc shares had risen by 5.1% this quarter and gained 6.7% so far this year.

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 "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the office equipment peer group is also "hold"

Wall Street's median 12-month price target for Seer Inc is 3.00

This summary was machine generated from LSEG data November 7 at 02:54 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)