Mercury Systems Inc expected to post a loss of 2 cents a share - Earnings Preview

Mercury Systems

04/05/2024 03:03

* Mercury Systems Inc  MRCY.OQ   MRCY.O  is expected to show
a
fall in quarterly revenue when it reports  results on May 7 for
the period ending March 31 2024
    * The Andover Massachusetts-based  company is expected to
report a
18.7% decrease in revenue to $214.317 million from $263.48
million a year ago, according to the mean estimate from 10
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Mercury Systems Inc is
for a
loss of 2 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"hold" and 3 "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 Mercury
Systems
Inc is $27.00​, below​ its last closing price of $29.04. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.07        0.07       -0.42     Missed  -722.2
 Sep. 30 2023  0.19        0.18       -0.24     Missed  -234.2
 Jun. 30 2023  0.53        0.59       0.11      Missed  -81.3​
 Mar. 31 2023  0.38        0.37       0.40      Beat    9
 ​​Dec.        0.33        0.33       0.26      Missed  -21.9
 31 2022                                                
 Sep. 30 2022  0.21        0.21       0.24      Beat    13.7​
 Jun. 30 2022  0.99        0.99       0.81      Missed  -18.5
 Mar. 31 2022  0.58        0.59       0.57      Missed  -4
 This summary was machine generated May 4 at 02:02 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)