Arlo Technologies Inc expected to post a loss of 15 cents a share - Earnings Preview

Arlo Technologies

03/08/2021 02:56

* Arlo Technologies Inc  ARLO.N   ARLO.K  is expected to show a
rise in quarterly revenue when it reports results on August 4. 
* The San Jose, California-based company is expected to report 
 a 30.4% increase in revenue to $86.89 million from $66.63
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Arlo Technologies Inc
is for a loss of 15 cents per share. For the same quarter last
year, the company reported a loss of 31 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"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 $10.5​, about 40.6% above​ its last closing
price of $6.24. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  -0.20       -0.21      -0.03     Beat    85.6
 Dec. 31 2020  -0.18       -0.18      -0.08     Beat    55.2
 Sep. 30 2020  -0.25       -0.25      -0.10     Beat    59.6​
 Jun. 30 2020  -0.41       -0.41      -0.31     Beat    23.7
 Mar.          -0.36​      -0.35      -0.34     Beat    3.8​
 31​ 2020​                                              
 Dec. 31 2019  -0.31       -0.31      -0.26     Beat    15.4​
 Sep. 30 2019  -0.37       -0.37      -0.32     Beat    13.6
 Jun. 30 2019  -0.43       -0.43      -0.36     Beat    15.5
 This summary was machine generated August 3 at 01:56 GMT.  All
figures in US dollars unless otherwise stated