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

Anterix

26/06/2024 22:20

* Anterix Inc  ATEX.OQ  reported a quarterly adjusted loss
of 51
cents​​ per share for the quarter ended in January, lower than
the same quarter last year, when the company reported EPS of 82
cents.  The mean expectation of three analysts for the quarter
was for a loss of 41 cents per share. Wall Street expected
results to range from -46 cents to -37 cents per share.
    * Revenue rose 107.2% to $1.26 million from a year ago;
analysts
expected $1.82 million. 
    * Anterix Inc's reported EPS for the quarter was a loss
of 51
cents​.
    * The company reported a quarterly loss of $9.41 million.
    * Anterix Inc shares had fallen by 7.0% this quarter and
lost 6.2%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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 June 26 at
09:20 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
 Mar. 31 2024      -0.41          -0.51          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