Corsair Gaming Inc expected to post earnings of 19  cents a share - Earnings Preview

Corsair Gaming

04/05/2022 03:01

* Corsair Gaming Inc  CRSR.OQ   CRSR.O  is expected to show
a fall
in quarterly revenue when it reports  results on May 5. 
    * The Fremont California-based  company is expected to
report  a
22.8% decrease in revenue to $408.809 million from $529.41
million a year ago, according to the mean estimate from 9
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Corsair Gaming Inc
is for
earnings of 19 cents per share. For the same quarter last year,
the company reported earnings of 58 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "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 $27​, above​ its last closing price of $16.26. ​​​
    * 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 2021  0.25        0.25       0.35      Beat    37.7
 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
 ​​Dec.        0.47        0.46       0.53      Beat    15.2
 31 2020                                                
 Sep. 30 2020  0.28        0.28       0.54      Beat    95.4​
 This summary was machine generated May 4 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated