Bandwidth Inc expected to post earnings of 23 cents a share - Earnings Preview
26/02/2024 13:53
* Bandwidth Inc BAND.OQ BAND.O is expected to show a
fall in
quarterly revenue when it reports results on February 28 for
the period ending December 31 2023
* The Raleigh North Carolina-based company is expected to
report
a 1.9% decrease in revenue to $154.063 million from $156.97
million a year ago, according to the mean estimate from 8
analysts, based on LSEG data.The company's guidance on November
2 2023, for the period ended December 31, was for revenue
between $153.00 million and $155.00 million.
* LSEG's mean analyst estimate for Bandwidth Inc is for
earnings
of 23 cents per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 4
"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
$16.00, above its last closing price of $12.02.
The company's guidance on November 2 2023 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD153 million and
USD17 million.
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 0.18 0.17 0.23 Beat 36.6
Jun. 30 2023 0.03 0.04 0.16 Beat 281
Mar. 31 2023 0.01 0.01 0.05 Beat 316.7
Dec. 31 2022 0.04 0.04 0.19 Beat 355.6
Sep. 0.03 0.03 0.27 Beat 840.8
30 2022
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. 31 2021 -0.13 -0.13 0.09 Beat 168.3
This summary was machine generated February 26 at 13:53 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)