Corsair Gaming Inc expected to post earnings of 14 cents a share - Earnings Preview

Corsair Gaming

04/05/2024 03:53

* Corsair Gaming Inc  CRSR.OQ   CRSR.O  is expected to show
a rise
in quarterly revenue when it reports  results on May 7 for the
period ending March 31 2024
    * The Milpitas California-based  company is expected to
report a
2.5% increase in revenue to $362.821 million from $353.96
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Corsair Gaming Inc is
for
earnings of 14 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"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 $16.00​, above​ its last closing price of $11.61. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.26        0.25       0.22      Missed  -10.7
 Sep. 30 2023  0.14        0.13       0.13      Met     -3.2
 Jun. 30 2023  0.09        0.09       0.09      Met     4​
 Mar. 31 2023  0.10        0.10       0.11      Beat    14.1
 ​​Jan.        0.16        0.16       0.20      Beat    25.9
 1 0001                                                 
 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
 This summary was machine generated May 4 at 02:52 GMT.  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)