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

Adtran Holdings

01/02/2022 24:51

* ADTRAN Inc  ADTN.OQ   ADTN.O  is expected to show a rise
in
quarterly revenue when it reports  results on February 2. 
    * The Huntsville Alabama-based  company is expected to
report  a
8.6% increase in revenue to $141.269 million from $130.13
million a year ago, according to the mean estimate from 4
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 11 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "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 Inc
is
$26.5​, about 27.5% above​ its last closing price of $19.21. ​​​
    * 

This summary was machine generated February 1 at 00:51 GMT.  All
figures in US dollars  unless otherwise stated