Casa Systems Inc expected to post earnings of 5  cents a share - Earnings Preview

Casa Systems

23/02/2022 03:05

* Casa Systems Inc  CASA.OQ   CASA.O  is expected to show a
fall
in quarterly revenue when it reports  results on February 24. 
    * The Andover Massachusetts-based  company is expected to
report 
a 13.8% decrease in revenue to $103.846 million from $120.53
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
earnings of 5 cents per share. For the same quarter last year,
the company reported earnings of 27 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 $8​, about 50.5% above​ its last closing price of $3.96. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2020  0.10        0.11       0.27      Beat    148.7
 ​​Sep.        0.03        0.04       0.07      Beat    89.8
 30 2020                                                
 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. 31 2019  0.01        0.00       0.15      Beat    5,736.
                                                        6
 This summary was machine generated February 23 at 03:04 GMT. 
All figures in US dollars  unless otherwise stated