Adtran Holdings Inc Expected To Post A Loss Of 2 Cents A Share: Earnings Preview

Adtran Holdings

04/11/2023 03:44

* ADTRAN Holdings Inc  ADTN.OQ   ADTN.O  is expected to show
a
fall in quarterly revenue when it reports  results 
    * The Huntsville Alabama-based  company is expected to
report  a
19.7% decrease in revenue to $287.833 million from $358.27
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data. 
    * ​Refinitiv's mean analyst estimate for ADTRAN Holdings Inc
is
for a loss of 2 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 212.5% in the last three months. ​
    * Wall Street's median 12-month price target for ADTRAN
Holdings
Inc is $11​, above​ its last closing price of $7.29. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2023  -0.09       -0.09                        
 Jun. 30 2023  -0.01       0.00       0.00      Met     100
 Mar. 31 2023  -0.03       0.04       -0.06     Missed  -242.9
                                                        ​
 Dec. 31 2022  0.16        0.16       0.12      Missed  -25
 ​​Sep.        0.18        0.18       0.11      Missed  -40.1
 30 2022                                                
 Jun. 30 2022  0.12        0.11       0.19      Beat    67.5​
 Mar. 31 2022  0.05        0.05       0.20      Beat    321.1
 Dec. 31 2021  -0.01       -0.02      0.10      Beat    699.9
 This summary was machine generated November 4 at 03:44 GMT.  All
figures in US dollars  unless otherwise stated