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

ATN International

25/07/2024 16:48

* ATN International Inc  ATNI.OQ  reported quarterly
adjusted
earnings of 50 cents​​ per share for the quarter ended in
January, higher than the same quarter last year, when the
company reported EPS of -3 cents.  The mean expectation of
three analysts for the quarter was for a loss of 26 cents per
share. Wall Street expected results to range from -35 cents
to -12 cents per share.
    * Revenue fell 1.7% to $183.28 million from a year ago;
analysts
expected $182.39 million. 
    * ATN International Inc's reported EPS for the quarter was
50
cents​.
    * The company reported quarterly net income of $9 million.
    * ATN International Inc shares had risen by 1.5% this
quarter and
lost 40.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 33.4%
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
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the integrated
telecommunications services peer group is  "buy."

Wall Street's median 12-month price target for ATN International
Inc is $32.00 
This summary was machine generated from LSEG data July 25 at
03:48 p.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
 Jun. 30 2024      -0.26          0.50           Beat
 Mar. 31 2024      -0.08          -0.41          Missed
 Dec. 31 2023      -0.10          -0.46          Missed
 Sep. 30 2023      -0.21          -0.31          Missed