Seer (SEER) Scheduled to Post Earnings on Wednesday

Seer (NASDAQ:SEER) will be issuing its quarterly earnings data after the market closes on Wednesday, November 6th. Analysts expect the company to announce earnings of ($0.29) per share for the quarter. Seer has set its FY 2024 guidance at EPS.Individual interested in listening to the company’s earnings conference call can do so using this link.

Seer (NASDAQ:SEER) last issued its earnings results on Thursday, August 8th. The company reported ($0.35) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.36) by $0.01. Seer had a negative net margin of 559.21% and a negative return on equity of 21.26%. The business had revenue of $3.07 million during the quarter, compared to analysts’ expectations of $3.33 million. During the same quarter in the prior year, the business posted ($0.37) EPS. On average, analysts expect Seer to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Seer Stock Performance

Shares of Seer stock opened at $2.02 on Tuesday. The company has a fifty day simple moving average of $1.82 and a 200-day simple moving average of $1.83. Seer has a 12-month low of $1.46 and a 12-month high of $2.30.

Analysts Set New Price Targets

Separately, Morgan Stanley reduced their price target on shares of Seer from $7.00 to $3.00 and set an “equal weight” rating for the company in a research report on Tuesday, August 13th.

Seer Company Profile

Seer, Inc, a life sciences company, engages in developing and commercializing products to decode the biology of the proteome. It develops Proteograph Product Suite, an integrated solution that includes proprietary engineered nanoparticles, consumables, automation instrumentation, and software to perform proteomic analysis to provide a solution that can be incorporated by nearly any lab for research use only.