Comtech Telecommunications Corp reports results for the quarter ended July 31 - Earnings Summary
Comtech Telecommunications Corp reports results for the quarter ended July 31 - Earnings Summary
Comtech Telecommunications Corp CMTL.OQ reported a quarterly adjusted loss of 18 cents per share for the quarter ended July 31, higher than the same quarter last year, when the company reported EPS of -25 cents. The mean expectation of two analysts for the quarter was for a loss of 27 cents per share. Wall Street expected results to range from -31 cents to -23 cents per share.
Revenue fell 49.2% to $66.23 million from a year ago; analysts expected $111.65 million.
Comtech Telecommunications Corp's reported EPS for the quarter was a loss of 49 cents.
The company reported a quarterly loss of $14.73 million.
Comtech Telecommunications Corp shares had fallen by 5.1% this quarter and lost 75.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 12.9% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the communications & networking peer group is "buy."
Wall Street's median 12-month price target for Comtech Telecommunications Corp is $4.25, about 69.4% above its last closing price of $1.30
This summary was machine generated from LSEG data October 14 at 09:50 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jul. 31 2026 | -0.27 | -0.18 | Beat |
Apr. 30 2026 | -0.27 | -0.22 | Beat |
Jan. 31 2026 | -0.30 | -0.18 | Beat |
Oct. 31 2025 | -0.39 | -0.18 | Beat |
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