Aviat Networks Inc expected to post a loss of 3 cents a share - Earnings Preview

Aviat Networks

28/10/2024 13:05

* Aviat Networks Inc  AVNW.OQ   AVNW.O  is expected to show
a rise
in quarterly revenue when it reports  results on October 30
(estimated) for the period ending September 30 2024
    * The Austin Texas-based  company is expected to report a
7.6% increase in revenue to $94.21 million from $87.57 million a
year ago, according to the mean estimate from 6 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Aviat Networks Inc is
for a
loss of 3 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 11.7%
in the last three months. ​
    * Wall Street's median 12-month price target for Aviat
Networks
Inc is $44.00​, above​ its last closing price of $20.66. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.63        0.69       0.72      Beat    3.6
 Jan. 1 2024   0.53        0.51       0.73      Beat    43.6
 Jan. 1 0001   0.84        0.88       0.97      Beat    10.8​
 Sep. 30 2023  0.76        0.77       0.87      Beat    12.7
 ​​Jun.        0.87        0.86       0.87      Beat    0.8
 30 2023                                                
 Mar. 31 2023  0.75        0.75       0.75      Met     -0.3​
 Dec. 31 2022  0.78        0.79       0.94      Beat    18.7
 Jan. 1 0001   0.70        0.71       0.75      Beat    5.3
 This summary was machine generated October 28 at 13:05 GMT.  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)