Adtran Inc Expected To Post Earnings Of 5 Cents A Share: Earnings Preview

Adtran Holdings

03/05/2022 03:09

* ADTRAN Inc  ADTN.OQ   ADTN.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 4. 
    * The Huntsville Alabama-based  company is expected to
report  a
21.1% increase in revenue to $154.481 million from $127.53
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for ADTRAN Inc is for
earnings of 5 cents per share. For the same quarter last year,
the company reported earnings of 13 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for ADTRAN Inc
is
$25​, above​ its last closing price of $17.70. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Mar. 31 2021  0.04        0.04       0.13      Beat    227
 ​​Dec.        0.07        0.07       0.11      Beat    63
 31 2020                                                
 Sep. 30 2020  0.07        0.07       0.16      Beat    128.6​
 Jun. 30 2020  0.00        0.01       0.04      Beat    499.7
 Mar. 31 2020  -0.10       -0.10      -0.05     Beat    51
 This summary was machine generated May 3 at 02:09 GMT.  All
figures in US dollars  unless otherwise stated