Extreme Networks Inc expected to post earnings of 17 cents a share - Earnings Preview

Extreme Networks

25/01/2022 14:48

* Extreme Networks Inc  EXTR.OQ   EXTR.O  is expected
to show a
rise in quarterly revenue when it reports  results on January
27. 
    * The Morrisville North Carolina-based  company is expected
to
report  a 12.4% increase in revenue to $272.075 million from
$242.13 million a year ago, according to the mean estimate from
5 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Extreme Networks
Inc is
for earnings of 17 cents per share. For the same quarter last
year, the company reported earnings of 13 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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 $16.5​, about 22.8% above​ its last closing price
of $12.74. ​​​
    * 

This summary was machine generated January 25 at 14:48 GMT.  All
figures in US dollars  unless otherwise stated