Brand Engagement Network Inc reports results for the quarter ended March 31 - Earnings Summary

• Brand Engagement Network Inc BNAI.OQ reported a quarterly adjusted loss of 9 cents​​ per share for the quarter ended March 31. The lone analyst forecast for the quarter was for a loss of 15 cents per share.

• Revenue was $10.00 thousand​; analysts expected zero.

• Brand Engagement Network Inc's reported EPS for the quarter was a loss of 9 cents​.

• The company reported a quarterly loss of $3.61 million.

• Brand Engagement Network Inc shares had risen by 26.0% this quarter and lost 55.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 7.1% 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 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is also "buy"

• Wall Street's median 12-month price target for Brand Engagement Network Inc is $2.00

This summary was machine generated from LSEG data June 5 at 04:30 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)