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

Lantronix

03/11/2023 11:02

* Lantronix Inc  LTRX.OQ   LTRX.O  is expected to show a
fall in
quarterly revenue when it reports  results 
    * The Irvine California-based  company is expected to report
 a
0.6% decrease in revenue to $31.616 million from $31.8 million a
year ago, according to the mean estimate from 5 analysts, based
on LSEG data. 
    * ​Refinitiv's mean analyst estimate for Lantronix Inc is
for
earnings of 3 cents per share. 
    * 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. ​
    * Wall Street's median 12-month price target for Lantronix
Inc is
$9​, above​ its last closing price of $4.30. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.06        0.06       0.06      Met     -3.2
 Mar. 31 2023  0.07        0.07       0.06      Missed  -10.4
 Dec. 31 2022  0.02        0.03       0.04      Beat    47.1​
 Sep. 30 2022  0.05        0.05       0.07      Beat    54.2
 ​​Jun.        0.09        0.09       0.08      Missed  -9.1
 30 2022                                                
 Mar. 31 2022  0.07        0.07       0.08      Beat    16.3​
 Dec. 31 2021  0.08        0.08       0.10      Beat    19.4
 Sep. 30 2021  0.07        0.07       0.08      Beat    18.5
 This summary was machine generated November 3 at 11:02 GMT.  All
figures in US dollars  unless otherwise stated