Aviat Networks Inc expected to post earnings of 88 cents a share - Earnings Preview

Aviat Networks

02/02/2024 21:49

* Aviat Networks Inc  AVNW.OQ   AVNW.O  is expected to show
a rise
in quarterly revenue when it reports  results on February 6 for
the period ending December 31 2023
    * The Austin Texas-based  company is expected to report a
0.9% increase in revenue to $91.473 million from $90.68 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 88 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 $29.77. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  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. 31 2022  0.78        0.79       0.94      Beat    18.7
 ​​Sep.        0.70        0.71       0.75      Beat    5.3
 30 2022                                                
 Jun. 30 2022  0.70        0.68       0.67      Missed  -0.7​
 Mar. 31 2022  0.57        0.55       0.67      Beat    20.9
 Dec. 31 2021  0.59        0.61       0.71      Beat    16.4
 This summary was machine generated February 2 at 21:48 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)