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

CalAmp

17/12/2021 21:17

* CalAmp Corp  CAMP.OQ   CAMP.O  is expected to show a fall in
quarterly revenue when it reports  results on December 21. 
* The Irvine California-based  company is expected to report  a
10.0% decrease in revenue to $79.18 million from $88.01 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 8 cents per share. For the same quarter last year,
the company reported earnings of 7 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 had fallen by
about 1.3% in the last three months. ​
* Wall Street's median 12-month price target for CalAmp Corp is
$15.5​, about 39.7% above​ its last closing price of $9.34. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2020  0.02        0.02       0.07      Beat    226.6
 ​​Aug.        0.00        0.00       -0.03     Missed  -1,997
 31 2020                                                .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
 Nov. 30 2019  0.15        0.15       0.15      Met     0.7
 This summary was machine generated December 17 at 21:17 GMT. 
All figures in US dollars  unless otherwise stated