CalAmp Corp expected to post earnings of 6 cents a share - Earnings Preview

CalAmp

21/09/2021 21:15

* CalAmp Corp  CAMP.OQ   CAMP.O  is expected to show a fall in
quarterly revenue when it reports results on September 23. 
* The Irvine, California-based company is expected to report  a
4.3% decrease in revenue to $79.911 million from $83.54 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
earnings of 6 cents per share. For the same quarter last year,
the company reported 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
$16​, about 36.9% above​ its last closing price of $10.10. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 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.          -0.07​      -0.05      0.02      Beat    136.8​
 31​ 2020​                                              
 Feb. 29 2020  0.02        0.02       0.03      Beat    20.7​
 Nov. 30 2019  0.15        0.15       0.15      Met     0.7
 Aug. 31 2019  0.12        0.12       0.14      Beat    21.4
 This summary was machine generated September 21 at 20:15 GMT. 
All figures in US dollars unless otherwise stated