ADT Inc reports results for the quarter ended in September 30 - Earnings Summary

ADT

24/10/2024 17:26

* ADT Inc  ADT.N  reported quarterly adjusted earnings of 20
cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of 8 cents.  The mean expectation of five analysts for the
quarter was for earnings of 17 cents per share. Wall Street
expected results to range from 16 cents to 19 cents per share.
    * Revenue was $1.24 billion​; analysts expected $1.22
billion. 
    * ADT Inc's reported EPS for the quarter was 13 cents​.
    * The company reported quarterly net income of $127 million.
    * ADT Inc shares had fallen by 4.3% this quarter and
gained 1.5%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 12.4%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * 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 average consensus recommendation for the
communications &
networking peer group is  "hold."

Wall Street's median 12-month price target for ADT Inc is 8.10 
This summary was machine generated from LSEG data October 24 at
04:26 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.17           0.20           Beat
 Jun. 30 2024      0.17           0.17           Met
 Mar. 31 2024      0.12           0.16           Beat
 Dec. 31 2023      0.04           0.25           Beat