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

ATN International

24/04/2024 23:26

* ATN International Inc  ATNI.OQ  reported a quarterly
adjusted
loss of 50 cents​​ per share for the quarter ended in March,
lower than the same quarter last year, when the company reported
EPS of -44 cents.  The mean expectation of two analysts for the
quarter was for a loss of 8 cents per share. Wall Street
expected results to range from -14 cents to -2 cents per share.
    * Revenue rose 0.5% to $186.79 million from a year ago;
analysts
expected $191.25 million. 
    * ATN International Inc's reported EPS for the quarter was a
loss
of 50 cents​.
    * The company reported a quarterly loss of $6.32 million.
    * ATN International Inc shares had fallen by 10.3% this
quarter and lost 27.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 30.3%
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 $52.00 
This summary was machine generated from LSEG data April 24 at
10:26 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
 Mar. 31 2024      -0.08          -0.50          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