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

Computer Task

09/05/2023 14:33

* Computer Task Group Inc  CTG.OQ  reported quarterly
adjusted
earnings of 8 cents​​ per share for the quarter ended in March.
The mean expectation of two analysts for the quarter was
for earnings of 10 cents per share.
    * Revenue fell 83.3% to $14.91 million from a year ago;
analysts
expected $79.51 million. 
    * Computer Task Group Inc's reported EPS for the quarter was
2
cents​.
    * The mean earnings estimate of analysts had fallen by
about 23.1%
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 fallen by 10.2% this
quarter and lost 13.9% so far this year.
    * The company reported quarterly net income of $315
thousand.
    * Wall Street's median 12-month price target for Computer
Task
Group Inc is $10.75 

This summary was machine generated from LSEG Refinitiv data May
9 at 01:33 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      0.14           0.15           Beat