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

Mercury Systems

02/02/2024 21:50

* Mercury Systems Inc  MRCY.OQ   MRCY.O  is expected to show
a
fall in quarterly revenue when it reports  results on February 6
for the period ending December 31 2023
    * The Andover Massachusetts-based  company is expected to
report a
6.6% decrease in revenue to $214.436 million from $229.59
million a year ago, according to the mean estimate from 8
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Mercury Systems Inc is
for
earnings of 7 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"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 $36.00​, above​ its last closing price of $30.70. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2022  0.33        0.33       0.26      Missed  -21.9
 ​​Sep.        0.21        0.21       0.24      Beat    13.7
 30 2022                                                
 Jun. 30 2022  0.99        0.99       0.81      Missed  -18.5​
 Mar. 31 2022  0.58        0.59       0.57      Missed  -4
 Dec. 31 2021  0.42        0.42       0.39      Missed  -6.2
 This summary was machine generated February 2 at 21:49 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)