Extreme Networks Inc expected to post earnings of 13  cents a share - Earnings Preview

Extreme Networks

26/04/2021 14:21

* Extreme Networks Inc  EXTR.OQ   EXTR.O  is expected to show
a rise in quarterly revenue when it reports results on April 28.
* The San Jose, California-based company is expected to report
 a 16.8% increase in revenue to $244.619 million from $209.52
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data.​​
​* Refinitiv's mean analyst estimate for Extreme Networks Inc is
for earnings of 13 cents per share. For the same quarter last
year, the company reported a loss 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 had risen by
about 32.4% in the last three months.​
* Wall Street's median 12-month price target for Extreme
Networks Inc is $12​, about 17.3% above​ its last closing price
of $9.93. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020  0.14        0.14       0.13      Missed  -7.1
 Sep. 30 2020  0.07        0.06       0.09      Beat    46.5
 Jun. 30 2020  -0.03       -0.03      0.03      Beat    210.5​
 Mar. 31 2020  -0.14       -0.14      -0.14     Met     -2.4
 Dec.          0.13​       0.13       0.13      Met     -2.7​
 31​ 2019​                                              
 Sep. 30 2019  0.03        0.03       0.08      Beat    198.5​
 Jun. 30 2019  0.04        0.04       0.06      Beat    54.6
 Mar. 31 2019  0.10        0.10       0.08      Missed  -16.7
 This summary was machine generated April 26 at 13:21 GMT.  All
figures in US dollars unless otherwise stated