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

CalAmp

05/10/2023 22:37

* CalAmp Corp  CAMP.OQ  reported a quarterly adjusted loss
of 1
cent​​ per share for the quarter ended in August. The mean
expectation of four analysts for the quarter was for earnings of
3 cents per share.
    * Revenue fell 15.3% to $61.71 million from a year ago;
analysts
expected $70.35 million. 
    * CalAmp Corp's reported EPS for the quarter was a loss
of 11
cents​.
    * The mean earnings estimate of analysts had fallen by
about 58.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * CalAmp Corp shares had risen by 4.2% this quarter and
lost 90.6%
so far this year.
    * The company reported a quarterly loss of $4.23 million.
    * Wall Street's median 12-month price target for CalAmp Corp
is
$1.63 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 5 at 09:37 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Aug. 31 2023      0.03           -0.01          Missed
 May. 31 2023      0.04           0.01           Missed
 Feb. 28 2023      0.02           0.06           Beat
 Nov. 30 2022      0.00           0.00           Met