Faro Technologies Inc Expected To Post Earnings Of 34cents A Share: Earnings Preview
14/02/2023 01:52
* FARO Technologies Inc FARO.OQ FARO.O is expected
to show a
rise in quarterly revenue when it reports results on February
15.
* The Lake Mary Florida-based company is expected to report
a
3.3% increase in revenue to $103.514 million from $100.2 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. The company's guidance on November 2
2022, for the period ended December 31, was for revenue between
$99.00 million and $107.00 million.
* Refinitiv's mean analyst estimate for FARO Technologies
Inc is
for earnings of 34 cents per share. The company's EPS guidance
on November 2 2022, for the period ended December 31, was
between $0.25 and $0.45
* 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 $35.5, above its last closing price of $28.14.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM REFINITIV ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT IBES MET, SE %
E® ESTIMATE MISSED
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. 31 2021 0.49 0.49 0.48 Missed -2
Sep. 0.04 0.06 -0.01 Missed -117.6
30 2021
Jun. 30 2021 0.10 0.10 0.12 Beat 20
Mar. 31 2021 0.04 0.05 -0.03 Missed -164.3
Dec. 31 2020 0.09 0.13 0.35 Beat 176.3
This summary was machine generated February 14 at 01:52 GMT.
All figures in US dollars unless otherwise stated