ADT Inc expected to post earnings of 4 cents a share - Earnings Preview

ADT

26/02/2024 14:26

* ADT Inc  ADT.N   ADT  is expected to show a fall in
quarterly
revenue when it reports  results on February 28 for the period
ending December 31 2023
    * The Boca Raton Florida-based  company is expected to
report a
12.4% decrease in revenue to $1.441 billion from $1.65 billion a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for ADT Inc is for earnings
of 4
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and 1 "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 ADT Inc is
$8.50​, above​ its last closing price of $6.74. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.02        0.02       0.08      Beat    321.1
 Jun. 30 2023  0.06        0.06       0.16      Beat    181.7
 Mar. 31 2023  0.08        0.09       0.12      Beat    40.8​
 Dec. 31 2022  0.19        0.18       0.10      Missed  -45.8
 ​​Sep.        0.09        0.08       0.10      Beat    25
 30 2022                                                
 Jun. 30 2022  0.18        0.18       0.06      Missed  -66.5​
 Mar. 31 2022  0.10        0.11       -0.01     Missed  -109.2
 Dec. 31 2021  0.23        0.19       -0.03     Missed  -116
 This summary was machine generated February 26 at 14:26 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)