Computer Task Group Inc reports results for the quarter ended in June - Earnings Summary

Computer Task

09/08/2023 14:33

* Computer Task Group Inc  CTG.OQ  reported quarterly
adjusted
earnings of 13 cents​​ per share for the quarter ended in June.
The mean expectation of two analysts for the quarter was
for earnings of 14 cents per share.
    * Revenue fell 9.9% to $74.59 million from a year ago;
analysts
expected $78.70 million. 
    * Computer Task Group Inc's reported EPS for the quarter was
a
loss of 1 cent​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Computer Task Group Inc shares had risen by 5.1% this
quarter and gained 5.8% so far this year.
    * The company reported a quarterly loss of $130 thousand.
    * Wall Street's median 12-month price target for Computer
Task
Group Inc is $10.13 

This summary was machine generated from LSEG Refinitiv data
August 9 at 01:33 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.14           0.13           Missed
 Mar. 31 2023      0.10           0.08           Missed
 Dec. 31 2022      0.12           0.14           Beat
 Sep. 30 2022      0.12           0.11           Missed