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

Lantronix

27/04/2021 21:15

* Lantronix Inc  LTRX.OQ   LTRX.O  is expected to show a rise in
quarterly revenue when it reports results on April 29.
* The Irvine, California-based company is expected to report  a
3.6% increase in revenue to $17.1 million from $16.51 million a
year ago, according to the mean estimate from 3 analysts, based
on Refinitiv data.​​
​* Refinitiv's mean analyst estimate for Lantronix Inc is for
earnings of 3 cents per share. For the same quarter last year,
the company reported earnings of 2 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "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.​
* Wall Street's median 12-month price target for Lantronix Inc
is $6​, about 18.3% above​ its last closing price of $4.90. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020  0.05        0.05       0.03      Missed  -37.9
 Sep. 30 2020  0.05        0.05       0.05      Met     0
 Jun. 30 2020  0.03        0.03       0.04      Beat    50​
 Mar. 31 2020  0.00        0.00       0.02      Beat    500.6
 Dec.          0.04​       0.04       0.03      Missed  -22.1​
 31​ 2019​                                              
 Sep. 30 2019  -0.01       -0.01      0.00      Beat    100​
 Jun. 30 2019              0.03       0.03      Met     7.1
 Mar. 31 2019              0.04       0.05      Beat    42.9
 This summary was machine generated April 27 at 20:15 GMT.  All
figures in US dollars unless otherwise stated