CalAmp Corp expected to post a loss of 3  cents a share - Earnings Preview

CalAmp

21/06/2022 21:31

* CalAmp Corp  CAMP.OQ   CAMP.O  is expected to show a fall
in
quarterly revenue when it reports  results on June 23. 
    * The Oxnard California-based  company is expected to report
 a
12.9% decrease in revenue to $69.43 million from $79.67 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for CalAmp Corp is for
a loss
of 3 cents per share. For the same quarter last year, the
company reported earnings of 8 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and 1 "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 CalAmp Corp
is
$12.75​, above​ its last closing price of $6.05. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Feb. 28 2022  -0.05       -0.08      -0.01     Beat    87.1
 Nov. 30 2022  0.09        0.08       -0.08     Missed  -196.4
 Aug. 31 2021  0.06        0.06       0.08      Beat    29.7​
 May. 31 2021  0.08        0.07       0.08      Beat    14.3
 ​​Feb.        0.02        0.05       0.14      Beat    157.9
 28 2021                                                
 Nov. 30 2020  0.02        0.02       0.07      Beat    226.6​
 Aug. 31 2020  0.00        0.00       -0.03     Missed  -1,997
                                                        .9
 May. 31 2020  -0.07       -0.05      0.02      Beat    136.8
 This summary was machine generated June 21 at 20:31 GMT.  All
figures in US dollars  unless otherwise stated