Aviat Networks Inc reports results for the quarter ended in December - Earnings Summary

Aviat Networks

01/02/2023 22:02

* Aviat Networks Inc  AVNW.OQ  reported quarterly adjusted
earnings of 94 cents​​ per share for the quarter ended in
December. The mean expectation of five analysts for the quarter
was for earnings of 79 cents per share.
    * Revenue rose 16.5% to $90.68 million from a year ago;
analysts
expected $85.32 million. 
    * Aviat Networks Inc's reported EPS for the quarter was 51
cents​.
    * The mean earnings estimate of analysts had risen by
about 2.1%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Aviat Networks Inc shares had risen by 3.7% this quarter.
    * The company reported quarterly net income of $6.05
million.
    * Wall Street's median 12-month price target for Aviat
Networks
Inc is $57.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
1 at 10:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.79           0.94           Beat
 Sep. 30 2022      0.71           0.75           Beat
 Jun. 30 2022      0.68           0.67           Missed
 Mar. 31 2022      0.55           0.67           Beat