CalAmp Corp expected to post earnings of 2  cents a share - Earnings Preview

CalAmp

26/04/2023 24:13

* CalAmp Corp  CAMP.OQ   CAMP.O  is expected to show a rise
in
quarterly revenue when it reports  results on April 27. 
    * The Irvine California-based  company is expected to report
 a
15.0% increase in revenue to $78.647 million from $68.38 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. The company's guidance on December 20
2022, for the period ended February 28, was for revenue of
$78.889 million.
    * ​Refinitiv's mean analyst estimate for CalAmp Corp is for
earnings of 2 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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​, above​ its last closing price of $2.28. ​​​

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 2022  0.01        0.00       0.00      Met     -100
 Aug. 31 2022  -0.03       -0.03      -0.02     Beat    29.4
 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.        0.09        0.08       -0.08     Missed  -196.4
 30 2021                                                
 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
 This summary was machine generated April 25 at 23:13 GMT.  All
figures in US dollars  unless otherwise stated