Airgain Inc expected to post earnings of 2 cents a share - Earnings Preview

Airgain

25/02/2025 21:05

Airgain Inc AIRG.OQ AIRG.O is expected to show a rise in quarterly revenue when it reports  results on February 27 for the period ending December 31 2024

The San Diego California-based  company is expected to report a 65.2% increase in revenue to $16.633 million from $10.07 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.The company's guidance on January 27 2025, for the period ended December 31, was for revenue between $14.60 million and $15.60 million.

​LSEG's mean analyst estimate for Airgain Inc is for earnings of 2 cents per share. The company's EPS guidance on November 12 2024, for the period ended December 31, was about USD0.02

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "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 $11.50​, above​ its last closing price of $6.52. ​​​

The company's guidance on November 12 2024 for the period ended December 31 was for Earnings before Interest, Taxes, Depreciation and Amortization of of USD300 thousand.The company's guidance on November 12 2024 for the period ended December 31 was for gross profit margin between USD41.5% and USD44.5%.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Sep. 30 2024
-0.01
-0.01
0.00
Beat
100
Jun. 30 2024
-0.07
-0.06
-0.05
Beat
23.1
Mar. 31 2024
-0.08
-0.07
-0.08
Missed
-6.7​
Dec. 31 2023
-0.20
-0.20
-0.33
Missed
-65
​​Sep. 30 2023
-0.02
-0.02
-0.06
Missed
-166.7
Jun. 30 2023
0.00
0.00
-0.01
Missed
-185.7​
Mar. 31 2023
-0.06
-0.06
-0.08
Missed
-31.7
Dec. 31 2022
0.06
0.06
-0.11
Missed
-271.9

This summary was machine generated February 25 at 21:05 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)