Kore Group Holdings Inc Expected To Post A Loss Of 36 Cents A Share: Earnings Preview
05/08/2024 13:17
* KORE Group Holdings Inc KORE.N KORE.K is expected
to show a
rise in quarterly revenue when it reports results on August 7
(estimated) for the period ending June 30 2024
* The Atlanta Georgia-based company is expected to report a
5.5% increase in revenue to $73.38 million from $69.54 million a
year ago, according to the mean estimate from 4 analysts, based
on LSEG data.
* LSEG's mean analyst estimate for KORE Group Holdings Inc
is for
a loss of 36 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 $10.00, above its last closing price of $3.08.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Mar. 31 2024 -0.42 -0.42 -0.80 Missed -88.2
Dec. 31 2024 -0.27 -1.70 Missed -518.2
Sep. 30 2023 -0.53 -0.48 -1.00 Missed -106.9
Jun. 30 2023 -0.37 -0.47 -1.20 Missed -157.2
Mar. -0.39 -0.51 -1.20 Missed -134.1
31 2023
Dec. 31 2022 -0.63 -0.57 -0.80 Missed -40
Sep. 30 2022 -0.72 -0.67 -0.85 Missed -25.9
Jun. 30 2022 -0.32 -0.36 -0.75 Missed -106.9
This summary was machine generated August 5 at 12:17 GMT. All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)