What To Expect From WiSA Technologies Inc (WISA) Q3 2024 Earnings

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Nov 14, 2024

WiSA Technologies Inc (WISA, Financial) is set to release its Q3 2024 earnings on Nov 15, 2024. The consensus estimate for Q3 2024 revenue is $0.65 million, and the earnings are expected to come in at -$0.67 per share. The full year 2024's revenue is expected to be $1.95 million and the earnings are expected to be -$13.75 per share. More detailed estimate data can be found on the Forecast page.

WiSA Technologies Inc (WISA, Financial) Estimates Trends

Over the past 90 days, revenue estimates for WiSA Technologies Inc (WISA) for the full year 2024 have declined from $2.60 million to $1.95 million, and for 2025, from $6.50 million to $6.00 million. Earnings estimates have also seen changes; for the full year 2024, they have declined from -$3.69 per share to -$13.75 per share, while for 2025, they have slightly improved from -$2.51 per share to -$2.42 per share.

WiSA Technologies Inc (WISA, Financial) Reported History

In the previous quarter of June 30, 2024, WiSA Technologies Inc's (WISA) actual revenue was $0.35 million, which met analysts' revenue expectations. WiSA Technologies Inc's (WISA) actual earnings were -$11.88 per share, which missed analysts' earnings expectations of -$0.929 per share by 1178.58%. After releasing the results, WiSA Technologies Inc (WISA) was up by 0.59% in one day.

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WiSA Technologies Inc (WISA, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 1 analyst, the average target price for WiSA Technologies Inc (WISA) is $14 with a high estimate of $14 and a low estimate of $14. The average target implies an upside of 660.87% from the current price of $1.84.

Based on GuruFocus estimates, the estimated GF Value for WiSA Technologies Inc (WISA, Financial) in one year is $27.32, suggesting an upside of 1384.78% from the current price of $1.84.

Based on the consensus recommendation from 2 brokerage firms, WiSA Technologies Inc's (WISA, Financial) average brokerage recommendation is currently 2.5, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.