Lantronix Inc expected to post earnings of 5cents a share - Earnings Preview

Lantronix

08/11/2022 03:09

* Lantronix Inc  LTRX.OQ   LTRX.O  is expected to show a
rise in
quarterly revenue when it reports  results on November 9. 
    * The Irvine California-based  company is expected to report
 a
16.5% increase in revenue to $32.274 million from $27.71 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Lantronix Inc is
for
earnings of 5 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
$12​, above​ its last closing price of $4.23. ​​​

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 2022  0.09        0.09       0.08      Missed  -9.1
 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
 ​​Jun.        0.05        0.05       0.06      Beat    20
 30 2021                                                
 Mar. 31 2021  0.03        0.03       0.05      Beat    87.5​
 Dec. 31 2020  0.05        0.05       0.03      Missed  -37.9
 Sep. 30 2020  0.05        0.05       0.05      Met     0
 This summary was machine generated November 8 at 03:09 GMT.  All
figures in US dollars  unless otherwise stated