Faro Technologies Inc Expected To Post Earnings Of 10 Cents A Share: Earnings Preview

FARO Technologies

26/07/2021 22:11

* FARO Technologies Inc  FARO.OQ   FARO.O  is expected to show a
rise in quarterly revenue when it reports results on July 28. 
* The Lake Mary, Florida-based company is expected to report   a
34.3% increase in revenue to $82.182 million from $61.17 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for FARO Technologies Inc
is for earnings of 10 cents per share. For the same quarter last
year, the company reported a loss of 36 cents per share.
* 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 $98​, about 24.3% above​ its last closing
price of $74.17. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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​
 Jun. 30 2020  -0.14       -0.13      -0.36     Missed  -170.7
 Mar.          -0.34​      -0.40      -0.02     Beat    94.9​
 31​ 2020​                                              
 Dec. 31 2019  0.00        0.00       0.18      Beat    13,433
                                                        .8​
 Sep. 30 2019  0.01        0.00       -0.01     Missed  -330.9
 Jun. 30 2019  -0.18       -0.08      0.14      Beat    275
 This summary was machine generated July 26 at 21:11 GMT.  All
figures in US dollars unless otherwise stated