Inseego Corp expected to post a loss of 8 cents a share - Earnings Preview

Inseego

31/10/2022 20:07

* Inseego Corp  INSG.OQ   INSG.O  is expected to show a fall
in
quarterly revenue when it reports  results on November 2. 
    * The San Diego California-based  company is expected to
report  a
1.7% decrease in revenue to $65.121 million from $66.22 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 8 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
$3​, above​ its last closing price of $2.23. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  -0.11       -0.11      -0.09     Beat    18.7
 Mar. 31 2022  -0.10       -0.10      -0.11     Missed  -13.8
 Dec. 31 2021  -0.06       -0.06      -0.08     Missed  -33.3​
 Sep. 30 2021  -0.07       -0.07      -0.08     Missed  -10.3
 ​​Jun.        -0.08       -0.08      -0.07     Beat    15.9
 30 2021                                                
 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. 30 2020  -0.01       -0.01      0.01      Beat    266.7
 This summary was machine generated October 31 at 20:07 GMT.  All
figures in US dollars  unless otherwise stated