Corsair Gaming Inc expected to post earnings of 16cents a share - Earnings Preview

Corsair Gaming

08/02/2023 01:37

* Corsair Gaming Inc  CRSR.OQ   CRSR.O  is expected to show
a fall
in quarterly revenue when it reports  results on February 9. 
    * The Milpitas California-based  company is expected to
report  a
25.7% decrease in revenue to $379.336 million from $510.62
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Corsair Gaming Inc
is for
earnings of 16 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"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​, above​ its last closing price of $15.90. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  0.25        0.25       0.35      Beat    37.7
 ​​Sep.        0.22        0.22       0.16      Missed  -26.2
 30 2021                                                
 Jun. 30 2021  0.39        0.39       0.36      Missed  -7.1​
 Mar. 31 2021  0.32        0.33       0.58      Beat    75
 Dec. 31 2020  0.47        0.46       0.53      Beat    15.2
 This summary was machine generated February 8 at 01:37 GMT.  All
figures in US dollars  unless otherwise stated