Corsair Gaming Inc expected to post earnings of 6 cents a share - Earnings Preview

Corsair Gaming

05/11/2024 08:08

* Corsair Gaming Inc  CRSR.OQ   CRSR.O  is expected to show
a fall
in quarterly revenue when it reports  results on November 7 for
the period ending January 1 0001
    * The Milpitas California-based  company is expected to
report a
16.7% decrease in revenue to $302.452 million from $363.19
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 6 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 10.00​, above​ its last closing price of $6.70. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.00        0.05       -0.07     Missed  -247.2
 Mar. 31 0001  0.14        0.14       0.09      Missed  -36.1
 Jan. 1 0001   0.26        0.25       0.22      Missed  -10.7​
 Jan. 1 0001   0.14        0.09       0.13      Beat    -3.2
 ​​Jun.        0.09        0.09       0.09      Met     4
 30 2023                                                
 Mar. 31 2023  0.10        0.10       0.11      Beat    14.1​
 Jan. 1 0001   0.16        0.16       0.20      Beat    25.9
 Sep. 30 2022  0.03        0.02       0.08      Beat    285.5
 This summary was machine generated November 5 at 08:08 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)