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

CalAmp

27/04/2023 22:52

* CalAmp Corp  CAMP.OQ  reported quarterly adjusted earnings
of 6
cents​​ per share for the quarter ended in February. The mean
expectation of five analysts for the quarter was for earnings of
2 cents per share.
    * Revenue rose 14.8% to $78.51 million from a year ago;
analysts
expected $78.65 million. 
    * CalAmp Corp's reported EPS for the quarter was a loss
of 22
cents​.
    * The mean earnings estimate of analysts was unchanged 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 36.5% this quarter and
lost 49.1% so far this year.
    * The company reported a quarterly loss of $8.09 million.
    * Wall Street's median 12-month price target for CalAmp Corp
is
$10.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
April 27 at 09:52 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Feb. 28 2023      0.02           0.06           Beat
 Nov. 30 2022      0.00           0.00           Met
 Aug. 31 2022      -0.03          -0.02          Beat
 May. 31 2022      -0.03          -0.10          Missed