Aviat Networks Inc expected to post earnings of 51 cents a share - Earnings Preview

Aviat Networks

29/04/2024 22:09

* Aviat Networks Inc  AVNW.OQ   AVNW.O  is expected to show
a rise
in quarterly revenue when it reports  results on May 1 for the
period ending March 31 2024
    * The Austin Texas-based  company is expected to report a
35.9% increase in revenue to $113.437 million from $83.48
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
earnings of 51 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Aviat
Networks
Inc is $58.00​, above​ its last closing price of $33.96. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.84        0.88       0.97      Beat    10.8
 Sep. 30 0001  0.76        0.77       0.87      Beat    12.7
 Jun. 30 2023  0.87        0.86       0.87      Beat    0.8​
 Mar. 31 2023  0.75        0.75       0.75      Met     -0.3
 ​​Dec.        0.78        0.79       0.94      Beat    18.7
 31 2022                                                
 Sep. 30 2022  0.70        0.71       0.75      Beat    5.3​
 Jun. 30 2022  0.70        0.68       0.67      Missed  -0.7
 Mar. 31 2022  0.57        0.55       0.67      Beat    20.9
 This summary was machine generated April 29 at 21:09 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)