Anterix Inc reports results for the quarter ended in December - Earnings Summary

Anterix

14/02/2024 23:39

* Anterix Inc  ATEX.OQ  reported quarterly adjusted earnings
of 2
cents​​ per share for the quarter ended in December, higher than
the same quarter last year, when the company reported EPS of -42
cents.  The mean expectation of three analysts for the quarter
was for a loss of 62 cents per share. Wall Street expected
results to range from -71 cents to -53 cents per share.
    * Revenue rose 119.9% to $1.27 million from a year ago;
analysts
expected $1.03 million. 
    * Anterix Inc's reported EPS for the quarter was 2 cents​.
    * The company reported quarterly net income of $328
thousand.
    * Anterix Inc shares had fallen by 8.0% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 2.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the wireless
telecommunications services peer group is also "buy"

Wall Street's median 12-month price target for Anterix Inc is
$75.00 
This summary was machine generated from LSEG data February 14 at
11:39 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.62          0.02           Beat
 Sep. 30 2023      -0.62          -0.27          Beat
 Jun. 30 2023      -0.58          -0.11          Beat
 Mar. 31 2023      -0.71          0.82           Beat