APi Group Corp expected to post earnings of 35  cents a share - Earnings Preview

APi

02/08/2022 19:35

* APi Group Corp  APG.N   APG  is expected to show a rise in
quarterly revenue when it reports  results on August 4. 
    * The New Brighton Minnesota-based  company is expected to
report 
a 69.2% increase in revenue to $1.655 billion from $978 million
a year ago, according to the mean estimate from 8 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for APi Group Corp is
for
earnings of 35 cents per share. For the same quarter last year,
the company reported earnings of 31 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for APi Group
Corp is
$22.5​, above​ its last closing price of $17.84. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.20        0.20       0.23      Beat    16.2
 Dec. 31 2022  0.26        0.26       0.29      Beat    9.8
 Sep. 30 2021  0.34        0.35       0.35      Met     1​
 Jun. 30 2021  0.31        0.31       0.31      Met     1.6
 ​​Mar.        0.14        0.14       0.12      Missed  -12.9
 31 2021                                                
 Dec. 31 2020  0.31        0.31       0.34      Beat    8.4​
 Sep. 30 2020  0.30        0.30       0.39      Beat    28.8
 Jun. 30 2020  0.14        0.12       0.32      Beat    159.8
 This summary was machine generated August 2 at 18:35 GMT.  All
figures in US dollars  unless otherwise stated