Anterix Inc reports results for the quarter ended September 30 - Earnings Summary

Anterix

14/11/2024 04:04

* Anterix Inc  ATEX.OQ  reported a quarterly adjusted loss
of 69
cents​​ per share for the quarter ended September 30, lower than
the same quarter last year, when the company reported EPS of -27
cents.  The mean expectation of two analysts for the quarter was
for a loss of 59 cents per share. Wall Street expected
results to range from -60 cents to -58 cents per share.
    * Revenue rose 47.4% to $1.55 million from a year ago;
analysts
expected $1.75 million. 
    * Anterix Inc's reported EPS for the quarter was a loss
of 69
cents​.
    * The company reported a quarterly loss of $12.77 million.
    * Anterix Inc shares had fallen by 10.3% this quarter and
gained 1.4% 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 
This summary was machine generated from LSEG data November 14 at
04:04 a.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
 Sep. 30 2024      -0.59          -0.69          Missed
 Jun. 30 2024      -0.45          -0.84          Missed
 Mar. 31 2024      -0.41          -0.51          Missed
 Dec. 31 2023      -0.62          0.02           Beat