Arlo Technologies Inc expected to post a loss of 3  cents a share - Earnings Preview

Arlo Technologies

07/05/2022 03:06

* Arlo Technologies Inc  ARLO.N   ARLO.K  is expected
to show a
rise in quarterly revenue when it reports  results on May 10. 
    * The Carlsbad California-based  company is expected to
report  a
37.4% increase in revenue to $113.412 million from $82.56
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Arlo Technologies
Inc is
for a loss of 3 cents per share. For the same quarter last year,
the company reported a loss of 3 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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 $14​, above​ its last closing price of $7.25. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  -0.04       -0.03      0.04      Beat    215.6
 Sep. 30 2021  -0.14       -0.14      -0.08     Beat    42
 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.        -0.18       -0.18      -0.08     Beat    55.2
 31 2020                                                
 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. 31 2020  -0.36       -0.35      -0.34     Beat    3.8
 This summary was machine generated May 7 at 02:06 GMT.  All
figures in US dollars  unless otherwise stated