Adtran Holdings Inc Expected To Post Breakeven Results A Share: Earnings Preview

Adtran Holdings

05/08/2023 03:01

* ADTRAN Holdings Inc  ADTN.OQ   ADTN.O  is expected to show
a
rise in quarterly revenue when it reports  results on August 7. 
    * The Huntsville Alabama-based  company is expected to
report  a
91.5% increase in revenue to $329.4 million from $172.04 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. The company's guidance on May 9 2023,
for the period ended June 30, was for revenue between $325.00
million and $335.00 million.
    * ​Refinitiv's mean analyst estimate for ADTRAN Holdings Inc
is
for breakeven results 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for ADTRAN
Holdings
Inc is $13.5​, above​ its last closing price of $9.05. ​​​

The company's guidance on May 9 2023 for the period ended June
30 was for Earnings before Interest and Taxes between USD1
million and USD2 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  
 Mar. 31 2023  -0.03       0.04       -0.06     Missed  -242.9
 Dec. 31 2023  0.16        0.16       0.12      Missed  -25
 Sep. 30 2022  0.18        0.18       0.11      Missed  -40.1​
 Jun. 30 2022  0.12        0.11       0.19      Beat    67.5
 ​​Mar.        0.05        0.05       0.20      Beat    321.1
 31 2022                                                
 Dec. 31 2021  -0.01       -0.02      0.10      Beat    699.9​
 Sep. 30 2021  -0.02       -0.02      -0.02     Met     0
 Jun. 30 2021  0.13        0.12       0.16      Beat    30.6
 This summary was machine generated August 5 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated