Kore Group Holdings Inc Expected To Post A Loss Of 7 Cents A Share: Earnings Preview

KORE group

10/08/2022 03:04

* KORE Group Holdings Inc  KORE.N   KORE.K  is expected
to report
results on August 11.
    * The Atlanta Georgia-based  company is expected to report
revenue
of $65.993 million, 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 7 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 $9.25​, above​ its last closing price of $2.85.
​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  -0.09       -0.09      -0.15     Missed  -62.2
 Dec. 31 2022  -0.10       -0.11      -0.17     Missed  -49.9
 Sep. 30 2021  -0.06       -0.06      -0.27     Missed  -350​
 ​​                                                     
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 This summary was machine generated August 10 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated