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Butterfly Network, Inc. (BFLY) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
BFLYButterfly Network(BFLY) ZACKS·2025-02-21 16:00

Company Overview - Butterfly Network, Inc. (BFLY) is expected to report a year-over-year increase in earnings due to higher revenues for the quarter ended December 2024 [1] - The earnings report is anticipated to be released on February 28, 2025, and could influence the stock price depending on whether the results meet or exceed expectations [2] Earnings Estimates - The consensus estimate indicates a quarterly loss of 0.10pershare,reflectingayearoveryearchangeof+52.40.10 per share, reflecting a year-over-year change of +52.4% [3] - Revenues are projected to be 22.31 million, which is a 35.1% increase from the same quarter last year [3] Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analyst expectations [4] - The Most Accurate Estimate for Butterfly Network is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +10% [10] Earnings Surprise Prediction - A positive Earnings ESP is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1 (Strong Buy), 2 (Buy), or 3 (Hold) [8] - However, Butterfly Network currently holds a Zacks Rank of 4 (Sell), complicating the prediction of an earnings beat [11] Historical Performance - In the last reported quarter, Butterfly Network was expected to post a loss of 0.10persharebutactuallyreportedalossof0.10 per share but actually reported a loss of 0.08, resulting in a surprise of +20% [12] - Over the last four quarters, the company has beaten consensus EPS estimates three times [13] Industry Comparison - Health Catalyst (HCAT), another player in the Zacks Medical Info Systems industry, is expected to post earnings of 0.11pershareforthesamequarter,indicatingayearoveryearchangeof+4500.11 per share for the same quarter, indicating a year-over-year change of +450% [17] - Health Catalyst's revenues are expected to be 79.83 million, up 6.3% from the previous year [17] - Despite a recent downward revision of 18.8% in the consensus EPS estimate for Health Catalyst, it has an Earnings ESP of -19.05% and a Zacks Rank of 3 (Hold) [18]