Mercury Systems Inc expected to post earnings of 59  cents a share - Earnings Preview

Mercury Systems

12/08/2023 03:01

* Mercury Systems Inc  MRCY.OQ   MRCY.O  is expected to show
a
fall in quarterly revenue when it reports  results on August
15. 
    * The Andover Massachusetts-based  company is expected to
report 
a 2.4% decrease in revenue to $282.763 million from $289.73
million a year ago, according to the mean estimate from 10
analysts, based on Refinitiv data. The company's guidance on May
2 2023, for the period ended June 30, was for revenue between
$269.30 million and $289.30 million.
    * ​Refinitiv's mean analyst estimate for Mercury Systems Inc
is
for earnings of 59 cents per share. The company's EPS guidance
on May 2 2023, for the period ended June 30, was between $0.47
and $0.61 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 6
"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 Mercury
Systems
Inc is $41.5​, above​ its last closing price of $35.30. ​​​

The company's guidance on May 2 2023 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between USD269.3 million and USD59.6 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.38        0.37       0.40      Beat    9
 Dec. 31 2023  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
 ​​Mar.        0.58        0.59       0.57      Missed  -4
 31 2022                                                
 Dec. 31 2021  0.42        0.42       0.39      Missed  -6.2​
 Sep. 30 2021  0.40        0.40       0.41      Beat    2.8
 Jun. 30 2021  0.68        0.67       0.73      Beat    8.2
 This summary was machine generated August 12 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated