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

Aviat Networks

05/05/2022 19:30

* Aviat Networks Inc  AVNW.OQ  reported quarterly adjusted
earnings of 67 cents​​ per share for the quarter ended in March.
The mean expectation of four analysts for the quarter was
for earnings of 55 cents per share.
    * Revenue rose 12.2% to $74.52 million from a year ago; 
analysts
expected $72.38 million. 
    * Aviat Networks Inc's reported EPS for the quarter was 51
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 2.9% this
quarter and
lost 1.3% so far this year.
    * The company reported quarterly net income of $6.03
million.
    * Wall Street's median 12-month price target for Aviat
Networks
Inc is $56.00 
    * 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 May 5 at 06:30 p.m.  ​All
figures in US dollars unless otherwise stated