Kore Group Holdings Inc Expected To Post A Loss Of 13 Cents A Share: Earnings Preview

KORE group

11/11/2022 23:35

* KORE Group Holdings Inc  KORE.N   KORE.K  is expected
to show a
fall in quarterly revenue when it reports  results on November
14. 
    * The Atlanta Georgia-based  company is expected to report 
a
4.7% decrease in revenue to $64.695 million from $67.88 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for KORE Group Holdings
Inc
is for a loss of 13 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"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 KORE Group
Holdings Inc is $7​, above​ its last closing price of $3.09. ​​​

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  -0.06       -0.07      -0.15     Missed  -106.9
 Mar. 31 2022  -0.09       -0.09      -0.15     Missed  -62.2
 Dec. 31 2021  -0.10       -0.11      -0.17     Missed  -49.9​
 Sep. 30 2021  -0.06       -0.06      -0.27     Missed  -350
 ​​                                                     
                                                        ​
 This summary was machine generated November 11 at 23:35 GMT. 
All figures in US dollars  unless otherwise stated