Mercury Systems Inc expected to post earnings of 1 cent a share - Earnings Preview

Mercury Systems

09/08/2024 22:05

* Mercury Systems Inc  MRCY.OQ   MRCY.O  is expected to show
a
fall in quarterly revenue when it reports  results on August 13
for the period ending June 30 2024
    * The Andover Massachusetts-based  company is expected to
report a
8.9% decrease in revenue to $230.687 million from $253.24
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
earnings of 1 cent 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 $26.00​, below​ its last closing price of $34.66. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -0.06       -0.02      -0.26     Missed  -1,030
                                                        .4
 Dec. 31 2024              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.        0.38        0.37       0.40      Beat    9
 31 2023                                                
 Dec. 31 2022  0.33        0.33       0.26      Missed  -21.9​
 Sep. 30 2022  0.21        0.21       0.24      Beat    13.7
 Jun. 30 2022  0.99        0.99       0.81      Missed  -18.5
 This summary was machine generated August 9 at 21:04 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)