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

CalAmp

20/12/2022 22:01

* CalAmp Corp  CAMP.OQ  reported quarterly breakeven
results​​ per
share for the quarter ended in November. The mean expectation of
five analysts for the quarter was for breakeven results per
share.
    * Revenue rose 14.7% to $78.89 million from a year ago;
analysts
expected $75.29 million. 
    * CalAmp Corp's reported EPS for the quarter was a loss
of 13
cents​.
    * The mean earnings estimate of analysts had fallen by
about 85%
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 11.5% this quarter and
lost 51.8% so far this year.
    * The company reported a quarterly loss of $4.73 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 Refinitiv data December
20 at 10:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Nov. 30 2022      0.00           0.00           Met
 Aug. 31 2022      -0.03          -0.02          Beat
 May. 31 2022      -0.03          -0.10          Missed
 Feb. 28 2022      -0.08          -0.01          Beat