Faro Technologies Inc Expected To Post A Loss Of 3 Cents A Share: Earnings Preview
01/11/2022 01:19
* FARO Technologies Inc FARO.OQ FARO.O is expected
to show a
rise in quarterly revenue when it reports results on November
2.
* The Lake Mary Florida-based company is expected to report
a
5.9% increase in revenue to $83.804 million from $79.17 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. The company's guidance on August 3
2022, for the period ended September 30, was for revenue between
$79.00 million and $87.00 million.
* Refinitiv's mean analyst estimate for FARO Technologies
Inc is
for a loss of 3 cents per share. The company's EPS guidance on
August 3 2022, for the period ended September 30, was between
USD-0.08 and USD0.08
* 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 $37.5, above its last closing price of $29.21.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM REFINITIV ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT IBES MET, SE %
E® ESTIMATE MISSED
Jun. 30 2022 -0.08 -0.08 -0.03 Beat 62.5
Mar. 31 2022 0.03 0.03 -0.14 Missed -520
Dec. 31 2021 0.49 0.49 0.48 Missed -2
Sep. 30 2021 0.04 0.06 -0.01 Missed -117.6
Jun. 0.10 0.10 0.12 Beat 20
30 2021
Mar. 31 2021 0.04 0.05 -0.03 Missed -164.3
Dec. 31 2020 0.09 0.13 0.35 Beat 176.3
Sep. 30 2020 -0.23 -0.23 -0.08 Beat 65.7
This summary was machine generated November 1 at 01:19 GMT. All
figures in US dollars unless otherwise stated