Zacks Equity Research | March 14, 2023
Ondas Holdings Inc. (ONDS) came out with a quarterly loss of $0.44 per share versus the Zacks Consensus Estimate of a loss of $0.43. This compares to loss of $0.10 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -2.33%. A quarter ago, it was expected that this company would post a loss of $0.24 per share when it actually produced a loss of $0.32, delivering a surprise of -33.33%.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.
Ondas Holdings Inc., which belongs to the Zacks Communication - Network Software industry, posted revenues of $0.48 million for the quarter ended December 2022, missing the Zacks Consensus Estimate by 79.35%. This compares to year-ago revenues of $0.57 million. The company has not been able to beat consensus revenue estimates over the last four quarters.