Casa Systems Inc expected to post earnings of 1  cents a share - Earnings Preview

Casa Systems

27/04/2021 22:24

* Casa Systems Inc  CASA.OQ   CASA.O  is expected to show a rise
in quarterly revenue when it reports results on April 29.
* The Andover, Massachusetts-based company is expected to report
 a 10.4% increase in revenue to $92.354 million from $83.62
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data.​​
​* Refinitiv's mean analyst estimate for Casa Systems Inc is for
earnings of 1 cents per share. For the same quarter last year,
the company reported a loss of 6 cents per share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"hold" and 1 "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 $11​, about 17.9% above​ its last closing price
of $9.03. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020  0.10        0.11       0.27      Beat    148.7
 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
 Dec.          0.01​       0.00       0.15      Beat    5,736.
 31​ 2019​                                              6​
 Sep. 30 2019  0.10        0.10       -0.03     Missed  -128.8
                                                        ​
 Jun. 30 2019  -0.02       -0.02      0.07      Beat    515.2
 Mar. 31 2019  0.02        0.02       -0.14     Missed  -795.5
 This summary was machine generated April 27 at 21:24 GMT.  All
figures in US dollars unless otherwise stated