VerifyMe Gears Up to Report Q4 Earnings: What's in the Offing?

Core Viewpoint - VerifyMe, Inc. (VRME) is set to report its fourth-quarter 2024 results on March 6, with expectations of a marginal revenue decline and breakeven earnings per share [1][3][5]. Revenue Expectations - The Zacks Consensus Estimate for VRME's revenues in Q4 2024 is $8.6 million, reflecting a slight year-over-year decrease due to declining revenues in the precision logistics segment from discontinued contracts [3]. - Revenues in the authentication segment saw a minor decline in Q3 2024, but improvements are anticipated in the upcoming quarter due to strong sales and partnerships, including a successful agreement with Amazon [4]. Earnings Projections - The consensus estimate for the bottom line is breakeven, compared to earnings of 2 cents per share in the same quarter last year, with expectations of a decline attributed to rising operating expenses [5]. - The current Earnings ESP for VRME is 0.00$1.16 per share missing estimates by 3.3% but showing a 4.5% year-over-year increase, while revenues of $2.3 billion exceeded estimates and grew 11$1 billion, which outpaced estimates by 8.7% [9].