APi Group Corp expected to post earnings of 36cents a share - Earnings Preview

APi

01/11/2022 18:36

* APi Group Corp  APG.N   APG  is expected to show a rise in
quarterly revenue when it reports  results on November 3. 
    * The New Brighton Minnesota-based  company is expected to
report 
a 60.9% increase in revenue to $1.684 billion from $1.05 billion
a year ago, according to the mean estimate from 8 analysts,
based on Refinitiv data. The company's guidance on August 4
2022, for the period ended September 30, was for revenue between
$1.68 billion and $1.73 billion.
    * ​Refinitiv's mean analyst estimate for APi Group Corp is
for
earnings of 36 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
$20​, above​ its last closing price of $16.49. ​​​

The company's guidance on August 4 2022 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD1.675 billion and
USD190 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  0.35        0.35       0.37      Beat    6.7
 Mar. 31 2022  0.20        0.20       0.23      Beat    16.2
 Dec. 31 2021  0.26        0.26       0.29      Beat    9.8​
 Sep. 30 2021  0.34        0.35       0.35      Met     1
 ​​Jun.        0.31        0.31       0.31      Met     1.6
 30 2021                                                
 Mar. 31 2021  0.14        0.14       0.12      Missed  -12.9​
 Dec. 31 2020  0.31        0.31       0.34      Beat    8.4
 Sep. 30 2020  0.30        0.30       0.39      Beat    28.8
 This summary was machine generated November 1 at 18:36 GMT.  All
figures in US dollars  unless otherwise stated