Inseego Corp expected to post a loss of 6  cents a share - Earnings Preview

Inseego

26/02/2022 03:04

* Inseego Corp  INSG.OQ   INSG.O  is expected to show a fall
in
quarterly revenue when it reports  results on March 1. 
    * The San Diego California-based  company is expected to
report  a
17.3% decrease in revenue to $71.187 million from $86.06 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Inseego Corp is for
a
loss of 6 cents per share. For the same quarter last year, the
company reported a loss of 7 cents per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"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 Inseego
Corp is
$9.5​, about 52.2% above​ its last closing price of $4.54. ​​​
    * 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  -0.07       -0.07      -0.08     Missed  -10.3
 Jun. 30 2021  -0.08       -0.08      -0.07     Beat    15.9
 Mar. 31 2021  -0.10       -0.10      -0.08     Beat    16.7​
 Dec. 31 2020  -0.01       0.00       -0.07     Missed  -3,600
 ​​Sep.        -0.01       -0.01      0.01      Beat    266.7
 30 2020                                                
 Jun. 30 2020  -0.01       -0.01      -0.01     Met     16.7​
 Mar. 31 2020  -0.08       -0.08      -0.06     Beat    25.5
 Dec. 31 2019              -0.08      -0.10     Missed  -31.6
 This summary was machine generated February 26 at 03:04 GMT. 
All figures in US dollars  unless otherwise stated