Kore Group Holdings Inc Expected To Post A Loss Of 5 Cents A Share: Earnings Preview
22/03/2024 21:09
* KORE Group Holdings Inc KORE.N KORE.K is expected
to show a
rise in quarterly revenue when it reports results on March 25
(estimated) for the period ending December 31 2023
* The Atlanta Georgia-based company is expected to report a
24.6% increase in revenue to $77.793 million from $62.42 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 5 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 $2.00, above its last closing price of $0.82.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Sep. 30 2023 -0.11 -0.10 -0.20 Missed -106.9
Jun. 30 2023 -0.07 -0.09 -0.24 Missed -157.2
Mar. 31 2023 -0.08 -0.10 -0.24 Missed -134.1
Dec. 31 2022 -0.13 -0.11 -0.16 Missed -40
Sep. -0.14 -0.13 -0.17 Missed -25.9
30 2022
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
This summary was machine generated March 22 at 21:09 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)