Extreme Networks Inc expected to post earnings of 14  cents a share - Earnings Preview

Extreme Networks

25/07/2022 14:14

* Extreme Networks Inc  EXTR.OQ   EXTR.O  is expected
to show a
fall in quarterly revenue when it reports  results on July 27. 
    * The Morrisville North Carolina-based  company is expected
to
report  a 3.3% decrease in revenue to $268.959 million from
$278.09 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 14 cents per share. For the same quarter last
year, the company reported earnings of 19 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"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 Extreme
Networks
Inc is $13.75​, above​ its last closing price of $10.82. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.18        0.18       0.21      Beat    15.4
 Dec. 31 2022  0.18        0.17       0.21      Beat    22.1
 Sep. 30 2021  0.16        0.16       0.21      Beat    32.9​
 Jun. 30 2021  0.17        0.17       0.19      Beat    9.6
 ​​Mar.        0.13        0.13       0.16      Beat    23.1
 31 2021                                                
 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
 This summary was machine generated July 25 at 13:14 GMT.  All
figures in US dollars  unless otherwise stated