Casa Systems Inc expected to post breakeven results a share - Earnings Preview

Casa Systems

03/05/2022 03:06

* Casa Systems Inc  CASA.OQ   CASA.O  is expected to show a
fall
in quarterly revenue when it reports  results on May 4. 
    * The Andover Massachusetts-based  company is expected to
report 
a 15.6% decrease in revenue to $88.013 million from $104.28
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Casa Systems Inc is
for
breakeven results per share. For the same quarter last year, the
company reported earnings of 11 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"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 $9​, above​ its last closing price of $5.17. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2021  0.01        0.01       0.01      Met     -28.6​
 Mar. 31 2021  0.02        0.01       0.11      Beat    693.7
 ​​Dec.        0.10        0.11       0.27      Beat    148.7
 31 2020                                                
 Sep. 30 2020  0.03        0.04       0.07      Beat    89.8​
 Jun. 30 2020  -0.03       -0.03      0.01      Beat    131.7
 Mar. 31 2020  -0.05       -0.05      -0.06     Missed  -18.8
 This summary was machine generated May 3 at 02:06 GMT.  All
figures in US dollars  unless otherwise stated