Casa Systems Inc expected to post a loss of 3 cents a share - Earnings Preview

Casa Systems

02/11/2022 02:05

* Casa Systems Inc  CASA.OQ   CASA.O  is expected to show a
fall
in quarterly revenue when it reports  results on November 3. 
    * The Andover Massachusetts-based  company is expected to
report 
a 16.0% decrease in revenue to $83.315 million from $99.22
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Casa Systems Inc is
for a
loss of 3 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Casa
Systems Inc
is $7​, above​ its last closing price of $3.17. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  0.05        0.05       0.07      Beat    32.7​
 Sep. 30 2021  0.04        0.05       -0.05     Missed  -195.2
 ​​Jun.        0.01        0.01       0.01      Met     -28.6
 30 2021                                                
 Mar. 31 2021  0.02        0.01       0.11      Beat    693.7​
 Dec. 31 2020  0.10        0.11       0.27      Beat    148.7
 Sep. 30 2020  0.03        0.04       0.07      Beat    89.8
 This summary was machine generated November 2 at 02:05 GMT.  All
figures in US dollars  unless otherwise stated