Aterian Inc reports results for the quarter ended December 31 - Earnings Summary

• Aterian Inc ATER.OQ reported a quarterly adjusted loss of 18 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $-1.20. The mean expectation of two analysts for the quarter was for a loss of 51 cents per share. Wall Street expected results to range from -63 cents to -40 cents per share.

• Revenue fell 24.9% to $24.61 million from a year ago; analysts expected $23.48 million.

• Aterian Inc's reported EPS for the quarter was a loss of 18 cents​.

• The company reported a quarterly loss of $1.3 million.

• Aterian Inc shares had fallen by 8.9% this quarter.

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

• The average consensus recommendation for the appliances, tools & housewares peer group is also "buy"

Wall Street's median 12-month price target for Aterian Inc is $8.50

This summary was machine generated from LSEG data March 18 at 09:00 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)