Kore Group Holdings Inc Expected To Post A Loss Of 9 Cents A Share: Earnings Preview

KORE group

13/05/2022 23:33

* KORE Group Holdings Inc  KORE.N   KORE.K  is expected
to report
results on May 16.
    * The Alpharetta Georgia-based  company is expected to
report
revenue of $62.312 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 9 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​, above​ its last closing price of $3.75.
​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  -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 May 13 at 22:33 GMT.  All
figures in US dollars  unless otherwise stated