Airgain Inc expected to post a loss of 11  cents a share - Earnings Preview

Airgain

06/05/2022 18:00

* Airgain Inc  AIRG.OQ   AIRG.O  is expected to show a fall
in
quarterly revenue when it reports  results on May 10. 
    * The San Diego California-based  company is expected to
report  a
0.5% decrease in revenue to $17.29 million from $17.38 million a
year ago, according to the mean estimate from 5 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Airgain Inc is for
a loss
of 11 cents per share. For the same quarter last year, the
company reported earnings of 3 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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 Airgain Inc
is
$16​, above​ its last closing price of $9.45. ​​​
    * 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  -0.22       -0.22      -0.23     Missed  -4.5
 Sep. 30 2021  -0.05       -0.05      -0.11     Missed  -118.3
 Jun. 30 2021  0.04        0.04       0.06      Beat    42.9​
 Mar. 31 2021  0.03        0.03       0.03      Met     13.6
 ​​Dec.        0.03        0.03       0.02      Missed  -33.3
 31 2020                                                
 Sep. 30 2020  0.06        0.06       0.06      Met     4.3​
 Jun. 30 2020  -0.08       -0.08      0.02      Beat    123.5
 Mar. 31 2020  -0.10       -0.10      -0.05     Beat    50
 This summary was machine generated May 6 at 17:00 GMT.  All
figures in US dollars  unless otherwise stated