Faro Technologies Inc Expected To Post Earnings Of 6 Cents A Share: Earnings Preview

FARO Technologies

26/10/2021 03:01

* FARO Technologies Inc  FARO.OQ   FARO.O  is expected to show a
rise in quarterly revenue when it reports results on October
27. 
* The Lake Mary, Florida-based company is expected to report  a
17.3% increase in revenue to $82.938 million from $70.74 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 6 cents per share. For the same quarter last
year, the company reported a loss of 8 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 $87.5​, about 19.5% above​ its last closing
price of $70.47. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 30 2020  -0.23       -0.23      -0.08     Beat    65.7
 Jun.          -0.14​      -0.13      -0.36     Missed  -170.7
 30​ 2020​                                              ​
 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
 Sep. 30 2019  0.01        0.00       -0.01     Missed  -330.9
 This summary was machine generated October 26 at 02:01 GMT.  All
figures in US dollars unless otherwise stated