Faro Technologies Inc Expected To Post A Loss Of 13 Cents A Share: Earnings Preview
21/04/2023 14:14
* FARO Technologies Inc FARO.OQ FARO.O is expected
to show a
rise in quarterly revenue when it reports results on April 25
(estimated).
* The Lake Mary Florida-based company is expected to report
a
10.7% increase in revenue to $84.889 million from $76.66 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. The company's guidance on February 15
2023, for the period ended March 31, was for revenue between
$81.00 million and $89.00 million.
* Refinitiv's mean analyst estimate for FARO Technologies
Inc is
for a loss of 13 cents per share. The company's EPS guidance on
February 15 2023, for the period ended March 31, was between
$-0.22 and $-0.02
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"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 FARO
Technologies
Inc is $33.5, above its last closing price of $23.57.
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 2022 0.35 0.34 0.38 Beat 12.9
Sep. 30 2022 -0.03 -0.03 0.03 Beat 190
Jun. 30 2022 -0.08 -0.08 -0.03 Beat 62.5
Mar. 31 2022 0.03 0.03 -0.14 Missed -520
Dec. 0.49 0.49 0.48 Missed -2
31 2021
Sep. 30 2021 0.04 0.06 -0.01 Missed -117.6
Jun. 30 2021 0.10 0.10 0.12 Beat 20
Mar. 31 2021 0.04 0.05 -0.03 Missed -164.3
This summary was machine generated April 21 at 13:14 GMT. All
figures in US dollars unless otherwise stated