Bandwidth Inc expected to post earnings of 4 cents a share - Earnings Preview
01/08/2023 03:03
* Bandwidth Inc BAND.OQ BAND.O is expected to show a
rise in
quarterly revenue when it reports results on August 2.
* The Raleigh North Carolina-based company is expected to
report
a 3.2% increase in revenue to $140.914 million from $136.49
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. The company's guidance on May
2 2023, for the period ended June 30, was for revenue between
$140.00 million and $142.00 million.
* Refinitiv's mean analyst estimate for Bandwidth Inc is
for
earnings of 4 cents 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
$17, above its last closing price of $15.15.
The company's guidance on May 2 2023 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of of USD5 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
Mar. 31 2023 0.01 0.01 0.05 Beat 316.7
Dec. 31 2023 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. -0.08 -0.08 0.09 Beat 207.6
31 2022
Dec. 31 2021 -0.13 -0.13 0.09 Beat 168.3
Sep. 30 2021 0.09 0.08 0.25 Beat 204
Jun. 30 2021 0.09 0.09 0.32 Beat 274.4
This summary was machine generated August 1 at 02:02 GMT. All
figures in US dollars unless otherwise stated