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

CalAmp

24/06/2021 22:44

* CalAmp Corp  CAMP.OQ  reported quarterly adjusted earnings of
8 cents​​ per share for the quarter ended in May. The mean
expectation of seven analysts for the quarter was for earnings
of 7 cents per share.
* Revenue fell 0.7% to $79.67 million from a year ago;  analysts
expected $80.25 million. 
* CalAmp Corp's reported EPS for the quarter was a loss of 6
cents​.
* The mean earnings estimate of analysts had risen by
about 39.6% 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 26.8% this quarter and
gained 38.7% so far this year.
* The company reported a quarterly loss of $1.95 million.
* Wall Street's median 12-month price target for CalAmp Corp is
$14.50 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and 2 "sell" or "strong sell." 
This summary was machine generated June 24 at 09:44 p.m.. ​All
figures in June 24