Bandwidth Inc expected to post earnings of 1 cent a share - Earnings Preview
28/04/2023 22:40
* Bandwidth Inc BAND.OQ BAND.O is expected to show a
rise in
quarterly revenue when it reports results on May 2.
* The Raleigh North Carolina-based company is expected to
report
a 1.3% increase in revenue to $133.08 million from $131.36
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. The company's guidance on
February 23 2023, for the period ended March 31, was for revenue
between $132.00 million and $134.00 million.
* Refinitiv's mean analyst estimate for Bandwidth Inc is
for
earnings of 1 cent per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 5
"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 Bandwidth
Inc is
$23, above its last closing price of $12.27.
The company's guidance on February 23 2023 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD132 million and USD6 million.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM REFINITIV ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT IBES MET, SE %
E® ESTIMATE MISSED
Dec. 31 2022 0.04 0.04 0.19 Beat 355.6
Sep. 30 2022 0.03 0.03 0.27 Beat 840.8
Jun. 30 2022 -0.06 -0.06 -0.04 Beat 38.3
Mar. 31 2022 -0.08 -0.08 0.09 Beat 207.6
Dec. -0.13 -0.13 0.09 Beat 168.3
31 2021
Sep. 30 2021 0.09 0.08 0.25 Beat 204
Jun. 30 2021 0.09 0.09 0.32 Beat 274.4
Mar. 31 2021 0.02 0.01 0.30 Beat 2,207.
7
This summary was machine generated April 28 at 21:40 GMT. All
figures in US dollars unless otherwise stated