Anterix Inc ATEX.OQ reported quarterly adjusted earnings of 49 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -51 cents. The mean expectation of three analysts for the quarter was for a loss of 46 cents per share. Wall Street expected results to range from -52 cents to -38 cents per share.
Revenue rose 10.2% to $1.39 million from a year ago; analysts expected $1.71 million.
Anterix Inc shares had fallen by 22.6% this quarter and lost 7.6% 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," no "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 $87.50, about 67.6% above its last closing price of $28.34
This summary was machine generated from LSEG data June 24 at 09:01 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)