Adtran Holdings Inc Expected To Post Earnings Of 16cents A Share: Earnings Preview

Adtran Holdings

17/02/2023 21:04

* ADTRAN Holdings Inc  ADTN.OQ   ADTN.O  is expected to show
a
rise in quarterly revenue when it reports  results on February
20. 
    * The Huntsville Alabama-based  company is expected to
report  a
137.9% increase in revenue to $366.69 million from $154.16
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for ADTRAN Holdings Inc
is
for earnings of 16 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 2
"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 $29​, above​ its last closing price of $17.29. ​​​

The company's guidance on November 8 2022 for the period ended
December 31 was for Earnings before Interest and Taxes between
USD17.75 million and USD24.375 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  
 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. 31 2022  0.05        0.05       0.20      Beat    321.1​
 Dec. 31 2021  -0.01       -0.02      0.10      Beat    699.9
 ​​Sep.        -0.02       -0.02      -0.02     Met     0
 30 2021                                                
 Jun. 30 2021  0.13        0.12       0.16      Beat    30.6​
 Mar. 31 2021  0.04        0.04       0.13      Beat    227
 Dec. 31 2020  0.07        0.07       0.11      Beat    63
 This summary was machine generated February 17 at 21:03 GMT. 
All figures in US dollars  unless otherwise stated