CalAmp Corp expected to post a loss of 8  cents a share - Earnings Preview

CalAmp

27/04/2022 01:45

* CalAmp Corp  CAMP.OQ   CAMP.O  is expected to show a fall
in
quarterly revenue when it reports  results on April 28. 
    * The Irvine California-based  company is expected to report
 a
23.5% decrease in revenue to $68.432 million from $89.5 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 8 cents per share. For the same quarter last year, the
company reported earnings of 14 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
$12.5​, above​ its last closing price of $5.62. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  0.08        0.07       0.08      Beat    14.3​
 Feb. 28 2021  0.02        0.05       0.14      Beat    157.9
 ​​Nov.        0.02        0.02       0.07      Beat    226.6
 30 2020                                                
 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
 Feb. 29 2020  0.02        0.02       0.03      Beat    20.7
 This summary was machine generated April 27 at 00:45 GMT.  All
figures in US dollars  unless otherwise stated