ATN International Inc reports results for the quarter ended in December - Earnings Summary

ATN International

23/02/2024 03:14

* ATN International Inc  ATNI.OQ  reported a quarterly
adjusted
loss of 46 cents​​ per share for the quarter ended in December,
lower than the same quarter last year, when the company reported
EPS of -18 cents.  The mean expectation of three analysts for
the quarter was for a loss of 10 cents per share. Wall Street
expected results to range from -18 cents to -3 cents per share.
    * Revenue rose 3.6% to $198.97 million from a year ago;
analysts
expected $192.65 million. 
    * ATN International Inc's reported EPS for the quarter was a
loss
of 46 cents​.
    * The company reported a quarterly loss of $5.84 million.
    * ATN International Inc shares had fallen by 8.5% this
quarter.

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 integrated
telecommunications services peer group is also "buy"

Wall Street's median 12-month price target for ATN International
Inc is $52.00 
This summary was machine generated from LSEG data February 23 at
03:13 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
 Dec. 31 2023      -0.10          -0.46          Missed
 Sep. 30 2023      -0.21          -0.31          Missed
 Jun. 30 2023      -0.15          -0.03          Beat
 Mar. 31 2023      -0.11          -0.44          Missed