Bandwidth Inc expected to post earnings of 3cents a share - Earnings Preview
29/10/2022 03:01
* Bandwidth Inc BAND.OQ BAND.O is expected to show a
rise in
quarterly revenue when it reports results on November 1.
* The Raleigh North Carolina-based company is expected to
report
a 7.9% increase in revenue to $140.9 million from $130.64
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. The company's guidance on
August 3 2022, for the period ended September 30, was for
revenue between $140.00 million and $142.00 million.
* Refinitiv's mean analyst estimate for Bandwidth Inc is
for
earnings of 3 cents per share. The company's EPS guidance on
August 3 2022, for the period ended September 30, was between
USD0.02 and USD0.04
* 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
$24.5, above its last closing price of $12.20.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM REFINITIV ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT IBES MET, SE %
E® ESTIMATE MISSED
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
Sep. 30 2021 0.09 0.08 0.25 Beat 204
Jun. 0.09 0.09 0.32 Beat 274.4
30 2021
Mar. 31 2021 0.02 0.01 0.30 Beat 2,207.
7
Dec. 31 2020 0.04 0.04 0.13 Beat 249.3
Sep. 30 2020 0.01 -0.01 0.24 Beat 2,260.
2
This summary was machine generated October 29 at 02:01 GMT. All
figures in US dollars unless otherwise stated