Corsair Gaming Inc expected to post earnings of 10  cents a share - Earnings Preview

Corsair Gaming

09/05/2023 03:01

* Corsair Gaming Inc  CRSR.OQ   CRSR.O  is expected to show
a fall
in quarterly revenue when it reports  results on May 10. 
    * The Milpitas California-based  company is expected to
report  a
7.5% decrease in revenue to $352.207 million from $380.69
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Corsair Gaming Inc
is for
earnings of 10 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 5
"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 Corsair
Gaming
Inc is $17.75​, below​ its last closing price of $17.76. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.16        0.16       0.20      Beat    25.9
 Sep. 30 2022  0.03        0.02       0.08      Beat    285.5
 Jun. 30 2022  -0.08       -0.01      -0.20     Missed  -3,813
                                                        .9​
 Mar. 31 2022  0.09        0.19       0.09      Missed  -53.4
 ​​Dec.        0.25        0.25       0.35      Beat    37.7
 31 2021                                                
 Sep. 30 2021  0.22        0.22       0.16      Missed  -26.2​
 Jun. 30 2021  0.39        0.39       0.36      Missed  -7.1
 Mar. 31 2021  0.32        0.33       0.58      Beat    75
 This summary was machine generated May 9 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated