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

Aviat Networks

23/08/2022 22:01

* Aviat Networks Inc  AVNW.OQ  reported quarterly adjusted
earnings of 67 cents​​ per share for the quarter ended in June.
The mean expectation of four analysts for the quarter was
for earnings of 68 cents per share.
    * Revenue rose 8% to $77.42 million from a year ago;
analysts
expected $76.03 million. 
    * Aviat Networks Inc's reported EPS for the quarter was 39
cents​.
    * The mean earnings estimate of analysts was unchanged 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 29.0% this
quarter and
gained 0.7% so far this year.
    * The company reported quarterly net income of $4.53
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 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 23
at 09:00 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.68           0.67           Missed
 Mar. 31 2022      0.55           0.67           Beat
 Dec. 31 2021      0.61           0.71           Beat
 Sep. 30 2021      0.52           0.67           Beat