Arlo Technologies Inc expected to post a loss of 10 cents a share - Earnings Preview

Arlo Technologies

03/03/2023 23:36

* Arlo Technologies Inc  ARLO.N   ARLO.K  is expected
to show a
fall in quarterly revenue when it reports  results on March 7. 
    * The Carlsbad California-based  company is expected to
report  a
24.8% decrease in revenue to $107.445 million from $142.86
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Arlo Technologies
Inc is
for a loss of 10 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Arlo
Technologies
Inc is $9.5​, above​ its last closing price of $3.73. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  -0.13       -0.13      -0.05     Beat    60.6
 Jun. 30 2022  -0.07       -0.07      0.01      Beat    115.2
 Mar. 31 2022  -0.03       -0.03      0.01      Beat    132.3​
 Dec. 31 2021  -0.04       -0.03      0.04      Beat    215.6
 ​​Sep.        -0.14       -0.14      -0.08     Beat    42
 30 2021                                                
 Jun. 30 2021  -0.15       -0.15      -0.04     Beat    73.4​
 Mar. 31 2021  -0.20       -0.21      -0.03     Beat    85.6
 Dec. 31 2020  -0.18       -0.18      -0.08     Beat    55.2
 This summary was machine generated March 3 at 23:36 GMT.  All
figures in US dollars  unless otherwise stated