Napco Security Technologies Inc Reports Results For The Quarter Ended In March: Earnings Summary

NAPCO Security Technologies

06/05/2024 14:32

* NAPCO Security Technologies Inc  NSSC.OQ  reported
quarterly
adjusted earnings of 36 cents​​ per share for the quarter ended
in March, higher than the same quarter last year, when the
company reported EPS of 29 cents.  The mean expectation of
five analysts for the quarter was for earnings of 33 cents per
share. Wall Street expected results to range from 31 cents to 34
cents per share.
    * Revenue rose 13.2% to $49.27 million from a year ago;
analysts
expected $48.65 million. 
    * NAPCO Security Technologies Inc's reported EPS for the
quarter
was 36 cents​.
    * The company reported quarterly net income of $13.2
million.
    * NAPCO Security Technologies Inc shares had risen by 5.8%
this
quarter and gained 24.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 5.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the
communications &
networking peer group is also "buy"

Wall Street's median 12-month price target for NAPCO Security
Technologies Inc is $46.00 
This summary was machine generated from LSEG data May 6 at 01:31
p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2024      0.33           0.36           Beat
 Dec. 31 2023      0.26           0.34           Beat
 Sep. 30 2023      0.21           0.28           Beat
 Jun. 30 2023      0.27           0.28           Beat