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

KORE group

08/08/2023 03:01

* KORE Group Holdings Inc  KORE.N   KORE.K  is expected
to show a
rise in quarterly revenue when it reports  results on August 9. 
    * The Atlanta Georgia-based  company is expected to report 
a
2.5% increase in revenue to $72.093 million from $70.35 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 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 $4.75​, above​ its last closing price of $1.17.
​​​

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 2023  -0.08       -0.08      -0.24     Missed  -188
 Dec. 31 2023  -0.13       -0.11      -0.16     Missed  -40
 Sep. 30 2022  -0.14       -0.13      -0.17     Missed  -25.9​
 Jun. 30 2022  -0.06       -0.07      -0.15     Missed  -106.9
 ​​Mar.        -0.09       -0.09      -0.15     Missed  -62.2
 31 2022                                                
 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 August 8 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated