Airgain Inc expected to post earnings of 1  cent a share - Earnings Preview

Airgain

10/08/2022 03:02

* Airgain Inc  AIRG.OQ   AIRG.O  is expected to show a rise
in
quarterly revenue when it reports  results on August 11. 
    * The San Diego California-based  company is expected to
report  a
11.3% increase in revenue to $19.26 million from $17.3 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
earnings of 1 cent per share. For the same quarter last year,
the company reported earnings of 6 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 $8.00. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  -0.11       -0.11      -0.04     Beat    64.3
 Dec. 31 2022  -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.        0.03        0.03       0.03      Met     13.6
 31 2021                                                
 Dec. 31 2020  0.03        0.03       0.02      Missed  -33.3​
 Sep. 30 2020  0.06        0.06       0.06      Met     4.3
 Jun. 30 2020  -0.08       -0.08      0.02      Beat    123.5
 This summary was machine generated August 10 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated