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

CalAmp

28/04/2022 23:34

* CalAmp Corp  CAMP.OQ  reported a quarterly adjusted loss
of 1
cent​​ per share for the quarter ended in February. The mean
expectation of six analysts for the quarter was for a loss of 8
cents per share.
    * Revenue fell 23.6% to $68.38 million from a year ago; 
analysts
expected $68.43 million. 
    * CalAmp Corp's reported EPS for the quarter was a loss
of 26
cents​.
    * The mean earnings estimate of analysts had risen by
about 10.6%
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 fallen by 27.9% this quarter and
lost 25.4% so far this year.
    * The company reported a quarterly loss of $9.18 million.
    * Wall Street's median 12-month price target for CalAmp Corp
is
$12.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated April 28 at 10:34 p.m.  ​All
figures in US dollars unless otherwise stated