Alarm.com Holdings Inc reports results for the quarter ended in March - Earnings Summary

Alarm.com Holdings

06/05/2022 19:44

* Alarm.com Holdings Inc  ALRM.OQ  reported quarterly
adjusted
earnings of 39 cents​​ per share for the quarter ended in March.
The mean expectation of eight analysts for the quarter was
for earnings of 33 cents per share.
    * Revenue rose 19.1% to $205.44 million from a year ago; 
analysts
expected $191.57 million. 
    * Alarm.com Holdings Inc's reported EPS for the quarter was
18
cents​.
    * The mean earnings estimate of analysts had fallen by
about 26.3%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Alarm.com Holdings Inc shares had fallen by 9.5% this
quarter and lost 29.1% so far this year.
    * The company reported quarterly net income of $9.08
million.
    * Wall Street's median 12-month price target for Alarm.com
Holdings Inc is $80.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 6 at 06:43 p.m.  ​All
figures in US dollars unless otherwise stated