Street Expectation From SenesTech, Inc. ($SNES) 3Q20 Earnings?

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SenesTech, Inc. (NASDAQ:SNES) is expected to report third quarter earnings results, after market close, on Wednesday 11th November 2020.

Analysts polled by Thomson Reuters anticipate third quarter loss of $ 0.59 per share.

Looking ahead, the full year loss are expected at $ 2.93 per share on the revenues of $ 0.47 million.

Previous Quarter Performance

SenesTech, Inc. revealed loss for the second quarter of $ 0.59 per share, from the revenue of $ 0.07 million. The quarterly revenues down 72.00 percent compared with the same quarter last year. According to street consensus, SNES was expected to report 2Q20 loss of $ 33.90 per share from revenue of $ 0.05 million. The bottom line results beat street analysts by $ 33.31 or 98.26 percent, at the same time, top line results outshined analysts by $ 0.02 million or 40.00 percent.

Stock Performance

Shares of SenesTech, Inc. traded up $ 0.02 or 1.40 percent on Tuesday, reaching $ 1.45 with volume of 84.80 thousand shares. SenesTech, Inc. has traded high as $ 1.47 and has cracked $ 1.42 on the downward trend

The closing price of $ 1.45, representing a 8.33 % increase from the 52 week low of $ 1.32 and a 91.13 % decrease over the 52 week high of $ 16.12.

The company has a market capital of $ 4.93 million and is part of the Basic Materials sector and Agricultural Inputs industry.

Conference Call

SenesTech, Inc. will be hosting a conference call at 5:00 PM eastern time on 11th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.senestech.com

SenesTech, Inc. develops a technology for managing animal pest populations through fertility control. The company offers ContraPest, a liquid bait that targets reproduction, and limiting fertility in male and female rats for controlling rat populations.