Casa Systems Inc expected to post a loss of 10 cents a share - Earnings Preview

Casa Systems

28/04/2023 13:45

* Casa Systems Inc  CASA.OQ   CASA.O  is expected to show a
rise
in quarterly revenue when it reports  results on May 9. 
    * The Andover Massachusetts-based  company is expected to
report 
a 3.6% increase in revenue to $66.7 million from $64.4 million a
year ago, according to the mean estimate from 2 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Casa Systems Inc is
for a
loss of 10 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 9.4%
in the last three months. ​
    * Wall Street's median 12-month price target for Casa
Systems Inc
is $4.5​, above​ its last closing price of $1.20. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  -0.09       -0.06      0.05      Beat    178.1
 Sep. 30 2022  -0.03       -0.03      -0.29     Missed  -1,037
                                                        .3
 Jun. 30 2022  -0.12       -0.12      -0.15     Missed  -27.9​
 Mar. 31 2022  0.00        0.00       -0.35     Missed  -17,40
                                                        0
 ​​Dec.        0.05        0.05       0.07      Beat    32.7
 31 2021                                                
 Sep. 30 2021  0.04        0.05       -0.05     Missed  -195.2
                                                        ​
 Jun. 30 2021  0.01        0.01       0.01      Met     -28.6
 Mar. 31 2021  0.02        0.01       0.11      Beat    693.7
 This summary was machine generated April 28 at 12:45 GMT.  All
figures in US dollars  unless otherwise stated