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Owlet will share its Q3 earnings on November 13, and analysts expect a loss and lower sales than last year.

ResultsRead the original at Benzinga
Bad for OWLT

Owlet is expected to swing to a quarterly loss as sales fall from a year earlier. Its last quarter beat expectations, and some analysts remain positive, but the Q3 estimates point to weaker results.

OWLT · Owlet, Inc.

AI read · Bad for OWLT

The AI's read

The expected change from profit to loss and lower sales point to a weaker quarter. Owlet beat expectations in its last reported quarter, and some analysts still rate the shares Buy. Those positives do not change the weaker estimate for this quarter.

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