Mercury Systems Inc reports results for the quarter ended in June - Earnings Summary

Mercury Systems

15/08/2023 22:01

* Mercury Systems Inc  MRCY.OQ  reported quarterly adjusted
earnings of 11 cents​​ per share for the quarter ended in June.
The mean expectation of ten analysts for the quarter was
for earnings of 59 cents per share.
    * Revenue fell 12.6% to $253.24 million from a year ago;
analysts
expected $282.76 million. 
    * Mercury Systems Inc's reported EPS for the quarter was a
loss
of 15 cents​.
    * The mean earnings estimate of analysts had risen by
about 12.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Mercury Systems Inc shares had risen by 1.3% this
quarter and
lost 21.7% so far this year.
    * The company reported a quarterly loss of $8.24 million.
    * Wall Street's median 12-month price target for Mercury
Systems
Inc is $41.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 15 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.59           0.11           Missed
 Mar. 31 2023      0.37           0.40           Beat
 Dec. 31 2022      0.33           0.26           Missed
 Sep. 30 2022      0.21           0.24           Beat