Lantronix Inc expected to post earnings of 3 cents a share - Earnings Preview

Lantronix

25/04/2025 12:33

Lantronix Inc LTRX.OQ LTRX.O is expected to show a fall in quarterly revenue when it reports  results on April 28 (estimated) for the period ending March 31 2025

The Irvine California-based  company is expected to report a 29.3% decrease in revenue to $29.116 million from $41.18 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.The company's guidance on February 6 2025, for the period ended March 31, was for revenue between $27.00 million and $31.00 million.

‚ÄčLSEG's mean analyst estimate for Lantronix Inc is for earnings of 3 cents per share. The company's EPS guidance on February 6 2025, for the period ended March 31, was between $0.01 and $0.05

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts was unchanged in the last three months. ‚Äč

Wall Street's median 12-month price target for Lantronix Inc is $5.00‚Äč, above‚Äč its last closing price of $2.22. ‚Äč‚Äč‚Äč

The company's guidance on February 6 2025 for the period ended March 31 was for gross profit margin between USD41.09% and USD41.912%.

Previous quarterly performance (using preferred earnings measure in US dollars). ‚Äč

QUARTER ENDING
STARMINESMARTESTIMATE¬ģ
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
0.03
0.03
0.04
Beat
25
Sep. 30 2024
0.09
0.09
0.06
Missed
-31.8
Jun. 30 2024
0.15
0.15
0.15
Met
-2.6‚Äč
Mar. 31 2024
0.10
0.10
0.11
Beat
12.2
‚Äč‚ÄčDec. 31 2023
0.08
0.08
0.08
Met
-2.4
Sep. 30 2023
0.03
0.03
0.07
Beat
169.2‚Äč
Jun. 30 2023
0.06
0.06
0.06
Met
-3.2
Mar. 31 2023
0.07
0.07
0.06
Missed
-10.4

This summary was machine generated April 25 at 11:33 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)