Faro Technologies Inc Expected To Post Earnings Of 49 Cents A Share: Earnings Preview
14/02/2022 23:13
* FARO Technologies Inc FARO.OQ FARO.O is expected
to show a
rise in quarterly revenue when it reports results on February
16.
* The Lake Mary Florida-based company is expected to report
a
10.8% increase in revenue to $103.025 million from $92.95
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 49 cents per share. For the same quarter last
year, the company reported earnings of 35 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 $85, about 37% above its last closing price
of $53.56.
* 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 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. 31 2020 0.09 0.13 0.35 Beat 176.3
Sep. -0.23 -0.23 -0.08 Beat 65.7
30 2020
Jun. 30 2020 -0.14 -0.13 -0.36 Missed -170.7
Mar. 31 2020 -0.34 -0.40 -0.02 Beat 94.9
Dec. 31 2019 0.00 0.00 0.18 Beat 13,433
.8
This summary was machine generated February 14 at 23:13 GMT.
All figures in US dollars unless otherwise stated