Lantronix Inc expected to post earnings of 7 cents a share - Earnings Preview

Lantronix

10/11/2021 02:00

* Lantronix Inc  LTRX.OQ   LTRX.O  is expected to show a rise in
quarterly revenue when it reports  results on November 11. 
* The Irvine, California-based company is expected to report  a
48.7% increase in revenue to $25.5 million from $17.15 million a
year ago, according to the mean estimate from 4 analysts, based
on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Lantronix Inc is for
earnings of 7 cents per share. For the same quarter last year,
the company reported earnings of 5 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 4 "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 $11.5​, about 13.8% above​ its last closing price
of $9.91. ​​​
* 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 2021  0.05        0.05       0.06      Beat    20
 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
 ​​Jun.        0.03        0.03       0.04      Beat    50
 30 2020                                                
 Mar. 31 2020  0.00        0.00       0.02      Beat    500.6​
 Dec. 31 2019  0.04        0.04       0.03      Missed  -22.1
 Sep. 30 2019  -0.01       -0.01      0.00      Beat    100
 This summary was machine generated November 10 at 02:00 GMT. 
All figures in US dollars  unless otherwise stated