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

Casa Systems

27/07/2021 22:16

* Casa Systems Inc  CASA.OQ   CASA.O  is expected to show a rise
in quarterly revenue when it reports results on July 29. 
* The Andover, Massachusetts-based company is expected to report
  a 8.6% increase in revenue to $90.533 million from $83.35
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
earnings of 1 cents per share. For the same quarter last year,
the company reported earnings of 1 cents per share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"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 $11​, about 27.5% above​ its last closing price
of $7.98. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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​
 Jun. 30 2020  -0.03       -0.03      0.01      Beat    131.7
 Mar.          -0.05​      -0.05      -0.06     Missed  -18.8​
 31​ 2020​                                              
 Dec. 31 2019  0.01        0.00       0.15      Beat    5,736.
                                                        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
 This summary was machine generated July 27 at 21:16 GMT.  All
figures in US dollars unless otherwise stated