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

CalAmp

20/09/2022 21:02

* CalAmp Corp  CAMP.OQ   CAMP.O  is expected to show a fall
in
quarterly revenue when it reports  results on September 22. 
    * The Irvine California-based  company is expected to report
 a
12.3% decrease in revenue to $69.272 million from $79.01 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. The company's guidance on June 23 2022,
for the period ended August 31, was for revenue between
USD83.6577 million and USD86.04792 million.
    * ​Refinitiv's mean analyst estimate for CalAmp Corp is for
a loss
of 3 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"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
$10.75​, above​ its last closing price of $5.22. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 May. 31 2022  -0.05       -0.03      -0.10     Missed  -215.8
 Feb. 28 2022  -0.05       -0.08      -0.01     Beat    87.1
 Nov. 30 2021  0.09        0.08       -0.08     Missed  -196.4
                                                        ​
 Aug. 31 2021  0.06        0.06       0.08      Beat    29.7
 ​​May.        0.08        0.07       0.08      Beat    14.3
 31 2021                                                
 Feb. 28 2021  0.02        0.05       0.14      Beat    157.9​
 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
 This summary was machine generated September 20 at 20:02 GMT. 
All figures in US dollars  unless otherwise stated