• Owlet Inc OWLT.N reported quarterly adjusted earnings of 3 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -7 cents. The mean expectation of five analysts for the quarter was for a loss of 20 cents per share. Wall Street expected results to range from -21 cents to -4 cents per share.

• Revenue rose 56% to $26.60 million from a year ago; analysts expected $26.01 million.

• Owlet Inc's reported EPS for the quarter was a loss of 39 cents​.

• The company reported a quarterly loss of $9.2 million.

• Owlet Inc shares had fallen by 26.6% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, four analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the advanced medical equipment & technology peer group is also "buy"

• Wall Street's median 12-month price target for Owlet Inc is $17.00, about 30.9% above its last closing price of $11.75

This summary was machine generated from LSEG data March 5 at 10:50 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)