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

CalAmp

23/06/2022 22:02

* CalAmp Corp  CAMP.OQ  reported a quarterly adjusted loss
of 10
cents​​ per share for the quarter ended in May. The mean
expectation of six analysts for the quarter was for a loss of 3
cents per share.
    * Revenue fell 18.8% to $64.73 million from a year ago; 
analysts
expected $69.43 million. 
    * CalAmp Corp's reported EPS for the quarter was a loss
of 34
cents​.
    * The mean earnings estimate of analysts had risen by
about 1% 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 6.3% this quarter and
lost 3.0%
so far this year.
    * The company reported a quarterly loss of $12.17 million.
    * Wall Street's median 12-month price target for CalAmp Corp
is
$12.75 
    * 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 June 23 at 09:01 p.m.  ​All
figures in US dollars unless otherwise stated