Faro Technologies Inc Expected To Post Earnings Of 3 Cents A Share: Earnings Preview

FARO Technologies

26/04/2022 02:31

* FARO Technologies Inc  FARO.OQ   FARO.O  is expected
to show a
rise in quarterly revenue when it reports  results on April 27. 
    * The Lake Mary Florida-based  company is expected to report
 a
10.3% increase in revenue to $84.221 million from $76.33 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 3 cents per share. For the same quarter last
year, the company reported a loss of 3 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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 FARO
Technologies
Inc is $73​, above​ its last closing price of $45.44. ​​​
    * 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 2021  0.49        0.49       0.48      Missed  -2
 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
 ​​Dec.        0.09        0.13       0.35      Beat    176.3
 31 2020                                                
 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. 31 2020  -0.34       -0.40      -0.02     Beat    94.9
 This summary was machine generated April 26 at 01:31 GMT.  All
figures in US dollars  unless otherwise stated