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

ResultsRead the original at Benzinga
Bad for OWLT

Owlet's Q3 estimates show a swing to a loss and lower sales. A better-than-expected Q2 report and Buy and Outperform ratings are counterpoints, but the weaker Q3 estimates and a cut share-price target point to a poorer quarter.

OWLT · Owlet, Inc.

AI read · Bad for OWLT

The AI's read

The estimates point to a weaker quarter, but they are not reported results. Owlet's better-than-expected Q2 report and analysts' Buy and Outperform ratings are counterpoints. Still, the expected sales drop and swing to a loss point to a poorer quarter, and one analyst cut its share-price target.

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