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

Adtran Holdings

30/10/2021 02:43

* ADTRAN Inc  ADTN.OQ   ADTN.O  is expected to show a rise in
quarterly revenue when it reports results on November 1. 
* The Huntsville, Alabama-based company is expected to report  a
3.7% increase in revenue to $138.06 million from $133.14 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for ADTRAN Inc is for a
loss of 2 cents per share. For the same quarter last year, the
company reported earnings of 16 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"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 Inc is
$25​, about 26.1% above​ its last closing price of $18.48. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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​
 Sep. 30 2020  0.07        0.07       0.16      Beat    128.6
 Jun.          0.00​       0.01       0.04      Beat    499.7​
 30​ 2020​                                              
 Mar. 31 2020  -0.10       -0.10      -0.05     Beat    51​
 Dec. 31 2019  -0.13       -0.13      -0.07     Beat    45.3
 Sep. 30 2019  -0.06       -0.06      -0.06     Met     -2.3
 This summary was machine generated October 30 at 01:43 GMT.  All
figures in US dollars unless otherwise stated