CalAmp Corp reports results for the quarter ended in August - Earnings Summary

CalAmp

23/09/2021 22:01

* CalAmp Corp  CAMP.OQ  reported quarterly adjusted earnings of
8 cents​​ per share for the quarter ended in August. The mean
expectation of six analysts for the quarter was for earnings of
6 cents per share.
* Revenue fell 5.4% to $79.01 million from a year ago;  analysts
expected $79.91 million. 
* CalAmp Corp's reported EPS for the quarter was a loss of 15
cents​.
* The mean earnings estimate of analysts had fallen by
about 30.3% in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate 
* CalAmp Corp shares had fallen by 21.0% this quarter and
gained 1.3% so far this year.
* The company reported a quarterly loss of $5.43 million.
* Wall Street's median 12-month price target for CalAmp Corp is
$16.50 
* 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." 
This summary was machine generated September 23 at 09:01 p.m.
 ​All figures in US dollars unless otherwise stated