Franklin Wireless Corp expected to post earnings of 10 cents a share - Earnings Preview

Franklin Wireless

29/10/2021 18:51

* Franklin Wireless Corp  FKWL.OQ   FKWL.O  is expected to show
a fall in quarterly revenue when it reports results on October
28 (estimated). 
* The San Diego, California-based company is expected to report 
a 53.7% decrease in revenue to $29 million from $62.57 million a
year ago, according to the estimate from one analyst, based on
Refinitiv data. 
​* Refinitiv's mean analyst estimate for Franklin Wireless Corp
is for earnings of 10 cents per share. For the same quarter last
year, the company reported earnings of 64 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"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 Franklin
Wireless Corp is $16​, about 68.2% above​ its last closing price
of $5.09. ​​​
* 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              0.11       -0.01     Missed  -109.1
 Mar. 31 2021  0.39        0.39       0.33      Missed  -15.4
 Dec. 31 2020  0.33        0.33       0.55      Beat    66.7​
 Sep. 30 2020  0.19        0.19       0.64      Beat    236.8
 ​​            ​                                        ​
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 This summary was machine generated October 29 at 17:51 GMT.  All
figures in US dollars unless otherwise stated